Author

Topic: How to generate multiple BNB deposit adresses (Read 81 times)

member
Activity: 79
Merit: 11
December 08, 2024, 05:24:48 PM
#7
For some reason that I don't know, they only allow one ETH or BNB address per newly account, which doesn't make any sense to me. Other OG software wallets I know allow one to generate as many address as they want under on HD wallet that can be restored by one particular seed phrase

Think if one really wants to use multiple fresh ethereum or BNB addresses minus going through the hassle of adding new accounts, then Trezor is not a good option.
Its not just Trezor most of wallets doesnt support BNB and ETH multiple adresses on the same wallet
i think ETH and BNB blockchain are made that way
legendary
Activity: 2366
Merit: 1272
Heisenberg
December 08, 2024, 03:58:20 PM
#6
you can easily generate thousands of BNB wallet, most of wallet support this, especially if you used binance smart chain, which pretty much just like any other EVM based blockchain, you can also made up some random private key in your mind that follow certain format and you will instantly get new address to deposit.

I don't think this is ever become a problem if you used any wallet app, even with hardware wallet like trezor you can exactly do this.

I dont think Trezor support that the BNB deposit adress is fixed it doesnt generate new adress after new deposits
And when i asked everyone saying that only BTC and similar blockchains like DOGE and LTC support genarating
multiple adresses on same wallet and that BNB and ETH have a fixed one adress for each wallet
For some reason that I don't know, they only allow one ETH or BNB address per newly account, which doesn't make any sense to me. Other OG software wallets I know allow one to generate as many address as they want under on HD wallet that can be restored by one particular seed phrase

Think if one really wants to use multiple fresh ethereum or BNB addresses minus going through the hassle of adding new accounts, then Trezor is not a good option.
member
Activity: 79
Merit: 11
December 08, 2024, 06:35:50 AM
#5
you can easily generate thousands of BNB wallet, most of wallet support this, especially if you used binance smart chain, which pretty much just like any other EVM based blockchain, you can also made up some random private key in your mind that follow certain format and you will instantly get new address to deposit.

I don't think this is ever become a problem if you used any wallet app, even with hardware wallet like trezor you can exactly do this.

I dont think Trezor support that the BNB deposit adress is fixed it doesnt generate new adress after new deposits
And when i asked everyone saying that only BTC and similar blockchains like DOGE and LTC support genarating
multiple adresses on same wallet and that BNB and ETH have a fixed one adress for each wallet
legendary
Activity: 3010
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
December 07, 2024, 11:30:28 PM
#4
you can easily generate thousands of BNB wallet, most of wallet support this, especially if you used binance smart chain, which pretty much just like any other EVM based blockchain, you can also made up some random private key in your mind that follow certain format and you will instantly get new address to deposit.

I don't think this is ever become a problem if you used any wallet app, even with hardware wallet like trezor you can exactly do this.
legendary
Activity: 2772
Merit: 3114
Top Crypto Casino
December 07, 2024, 05:05:32 PM
#3
Instead of creating a completely different wallet by changing the passphrase to get a new address, why don’t you just create new accounts under the same wallet? Many, if not all, reputable wallets support this feature and instead of having to back up multiple seeds, you will need to save just one.

generating multiple address does not cost any gas fees
I believe he is referring to the fees you need to pay when sending the coins from different addresses. He is right about that but that’s the cost you need to pay to protect your privacy.
legendary
Activity: 2366
Merit: 1272
Heisenberg
December 07, 2024, 04:56:12 PM
#2
-snip-
But there are so much software wallets that have HD wallet feature I don't see why say it's only hardware wallets like Trezor that support it and mind you, generating multiple address does not cost any gas fees
Try this out with Metamask and thank me later  Smiley
member
Activity: 79
Merit: 11
December 07, 2024, 09:34:09 AM
#1
Hi guys
As you all know your BNB deposit adress on all wallets doesnt change which mean you dont have
a choise other than just receiving money on the same adress which may cause privacy issues
and also you may be targetted by scammers ih you have a lot of funds stored on one adress
The only solution i found on hardware wallets like Trezor is to create multiple passphrases wallets
by just adding a number to each wallet so that you wont forget your passphrases
For Example if your passphrase is CryptoLover you just need to create another passphrase named CryptoLover+1
and CryptoLover+2 which will allow you to have different adresses the only issue may be the Gas fees
but since BNB fees are less then 0.05$ that shouldnt be an issue  Roll Eyes
Note I think you can do this for all coins that doesnt support generating new adresses  Grin
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