I found long forgotten sats in my wallet but.

pooya87

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Quote from: KiaKia on January 28, 2023, 02:14:02 PM

the amount is not much as it's in Sats

FWIW "sat" or better say satoshis is a unit of measurement not a specific amount. For example you can say "I have 100000000 satoshis" which is the same as saying "I have 1 bitcoin".

Quote from: KiaKia on January 28, 2023, 02:14:02 PM

I want to know if I can make transfer to any bitcoin address on Binance exchange

One thing to pay attention to on exchanges like Binance is that you are sending "bitcoin" to a "bitcoin" address. Unfortunately a lot of shitcoins have created tokens that use the name bitcoin but have nothing to do with it. Sometimes people use them to transfer funds between exchanges without converting to bitcoin.
The bitcoin addresses on Binance are under the "bitcoin network" type. Anything else is an altcoin.

Jawhead999

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Almost of centralized service and exchange already support to receive Bitcoin from any address since they've adopt segwit address, but there's still few exchanges not support it, just look at "Receive to P2WPKH/P2WSH" [1]

Usually the problem is the exchange/wallet can't send to segwit address, some of them will warn their user while some of them didn't give any notice and you will lose your coins. You need to be careful if you want to send Bitcoin to taproot address because it's still quite new.

[1] https://en.bitcoin.it/wiki/Bech32_adoption

karmamiu

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Quote from: sheenshane on January 28, 2023, 06:18:51 PM

Yes, you shouldn't have a problem, I've been a user of Coinomi for a long time ago, and AFAIK, even with which wallet address you will open default, legacy, or compatible it should appear on your balance there, any kind of address you have.

Even though you will send Bitcoin on Legacy and send Bitcoin in Compitable address, you will see your full balance.
The reason I leave that wallet a long time ago the time I knew that it was a close-source wallet which is not good IMO. Still, open-source wallets which make me confident in storing my Bitcoin even if that's a hot wallet.

This has also been one of my problems with some other wallets. When I was still new to crypto and didn't know which is legitimate and not, I was exploring and trying different crypto wallets to find out, and after time went by, this has become a major issue for me. Glad to hear it could be resolved like this, i'll try transfering mine. Thanks a lot for this helpful guide.

sheenshane

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Yes, you shouldn't have a problem, I've been a user of Coinomi for a long time ago, and AFAIK, even with which wallet address you will open default, legacy, or compatible it should appear on your balance there, any kind of address you have.

Even though you will send Bitcoin on Legacy and send Bitcoin in Compitable address, you will see your full balance.
The reason I leave that wallet a long time ago the time I knew that it was a close-source wallet which is not good IMO. Still, open-source wallets which make me confident in storing my Bitcoin even if that's a hot wallet.

Wiwo

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Quote from: KiaKia on January 28, 2023, 02:14:02 PM

I have some Bitcoin in my old coinomi wallet, the amount is not much as it's in Sats but I want to know if I can make transfer to any bitcoin address on Binance exchange for example, my BTC address is three in number, Default starts with bc1, compatible starts with 3C, legacy starts with 14, since Binance deposit address did not differentiate it like this does it mean I can send with no issue?

Yes, you can transfer part of the whole balance to another Bitcoin, this is not a big deal and I am sure a good number of people here have experienced the same thing before so they're given you the right information but how do you accumulate such an amount of Bitcoin in your wallet for long and not reminded to keep out emotions out and didn't let emotion control the outcome. Secondly, I will like to know how you accumulated such an amount in your wallet, I want to know if the wallet balances are built from the durst transaction.

_BlackStar

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It should be fine as long as you send it to the correct address. Choose one of the two deposit addresses that your Binance account displays, it should be able to accept your deposit. SegWit and legacy should work for you, but do it carefully so you don't paste the wrong address.

Quote from: Tytanowy Janusz on January 28, 2023, 02:23:50 PM

There should not be a problem. You can always do a test transfer with tiny amount to be a 100% sure

OP can transfer all of his holdings if he does it right. No need to try for small amount, it will only make him spend lot of transfer fees.

seoincorporation

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Even if the address looks different if they are running in the same blockchain then you will not have any problem sending bitcoins from one address to another. Feel free to send them from your old wallet to the exchange as you want.

The only problem is when you try to send BTC from the Bitcoin blockchain to another one like BSV blockchain, that could makes you lose your coins.

hosseinimr93

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Quote from: Tytanowy Janusz on January 28, 2023, 02:23:50 PM

There should not be a problem. You can always do a test transfer with tiny amount to be a 100% sure (minimal deposit to binance is 1 sat), but I don't think that there will be any issue.

Even if binance allow you to deposit 1 satoshi, you can't do that.
The output you create via a bitcoin transaction must be bigger than the dust limit. Otherwise, your transaction would be rejected by the nodes. The dust limit is 294 satoshi for segwit addresses and 546 satoshi for legacy addresses.

Tytanowy Janusz

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Quote from: KiaKia on January 28, 2023, 02:14:02 PM

I have some Bitcoin in my old coinomi wallet, the amount is not much as it's in Sats but I want to know if I can make transfer to any bitcoin address on Binance exchange for example, my BTC address is three in number, Default starts with bc1, compatible starts with 3C, legacy starts with 14, since Binance deposit address did not differentiate it like this does it mean I can send with no issue?

There should not be a problem. You can always do a test transfer with tiny amount to be a 100% sure (minimal deposit to binance is 1 sat), but I don't think that there will be any issue.

OmegaStarScream

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Yes, you shouldn't have any problems. You can use either SegWit (bc1) or the legacy (starts with 1) addresses given by Binance.

KiaKia

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I have some Bitcoin in my old coinomi wallet, the amount is not much as it's in Sats but I want to know if I can make transfer to any bitcoin address on Binance exchange for example, my BTC address is three in number, Default starts with bc1, compatible starts with 3C, legacy starts with 14, since Binance deposit address did not differentiate it like this does it mean I can send with no issue?

Topic: I found long forgotten sats in my wallet but. (Read 169 times)