One of the advantages of any cryptocurrency is privacy. No one can know the owner of address.
Technically it doesn't make a lot of sense to make too many movements as that would slow things down and possibly accumulate fees, but at the same time you do want to consolidate especially at the root level, I would venture a guess that most exchanges have a minimum of four addresses at the very bottom. One for Cold Storage, one as a backup in case anything happens , what that acts as a savings account, and a hot wallet. 
Topic: Do exchanges have only one adress for their Token or several? ERC20 (Read 418 times)
September 04, 2017, 09:58:26 AM
September 02, 2017, 10:28:34 PM
Hi guys,
how can someone distinguish if the adress is an exchange or not? How does it works, is there a possibility to distinguish whether the token! is on exchange or in a private wallet?
I don't think there is a way to distinguish.Maybe that's why block chain attracts so many people around. how can someone distinguish if the adress is an exchange or not? How does it works, is there a possibility to distinguish whether the token! is on exchange or in a private wallet?
September 02, 2017, 10:08:47 PM
That's the advantage of cryptocurrencies, we get to have privacy. And I don't think they would be able to distinguish if it's from an exchange or not but unless there is a pattern though.
September 02, 2017, 09:35:35 PM
Yeah bcs for me it seems like the exchanges are having mostly one big adress where they are storing all the tokens.
I've seen it after large ICO where for example you could simply see 20% LISK being on Poloniex as it was simply one adress.
But it seems with the "pay in" adresses there is a difference.
I've seen it after large ICO where for example you could simply see 20% LISK being on Poloniex as it was simply one adress.
But it seems with the "pay in" adresses there is a difference.
Yes, that is right, so it is impossible to know the owner of one address in the exchange platform, but I think with some technical help from the exchange, you may do that since almost all the accounts are certified, but I do not think the platform will offer that help.
September 02, 2017, 06:09:16 PM
Yeah bcs for me it seems like the exchanges are having mostly one big adress where they are storing all the tokens.
I've seen it after large ICO where for example you could simply see 20% LISK being on Poloniex as it was simply one adress.
But it seems with the "pay in" adresses there is a difference.
I've seen it after large ICO where for example you could simply see 20% LISK being on Poloniex as it was simply one adress.
But it seems with the "pay in" adresses there is a difference.
September 02, 2017, 11:28:02 AM
At that root level I'm not sure. There is a level of decentralization that is lost when an exchange steps in. I haven't actually started one or touched it very much but it would seem that at the client level the addresses are linked to a user via a database. I noticed the other day using localbitcoins that they going to have been deposited to one of my addresses had been withdrawn within 10 minutes, I wasn't worried about it and obviously the balance still showed on my account, but you can tell that there's a lot of movement is used and each exchange might do it differently.
August 30, 2017, 06:06:04 PM
Hi guys,
how can someone distinguish if the adress is an exchange or not? How does it works, is there a possibility to distinguish whether the token! is on exchange or in a private wallet?
how can someone distinguish if the adress is an exchange or not? How does it works, is there a possibility to distinguish whether the token! is on exchange or in a private wallet?
If the exchange generates you a private address, there's no way anyone would know what's address it is.
But when you withdraw from exchange, it is generally done from an specific address/addressees which may reveal the origin of the transaction.
August 30, 2017, 05:10:23 AM
Hi guys,
how can someone distinguish if the adress is an exchange or not? How does it works, is there a possibility to distinguish whether the token! is on exchange or in a private wallet?
how can someone distinguish if the adress is an exchange or not? How does it works, is there a possibility to distinguish whether the token! is on exchange or in a private wallet?
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