Topic: Quick question ? (Read 280 times)

None of your deposit addresses hold any coins/tokens (in our case: Bitcoin), once you deposit your funds through Deposit dashboard using indicated deposit address, then it will usually (almost instantly) resend this coin/token to exchanges' hot/cold wallet(s). So if you're making withdrawal, your funds will be sent from Coinbase' hot wallet(s) to 5 different addresses you chosen. Same for deposits, if you're sending $10 to 5 different friends, they'll give you 5 different dashboard deposit addresses, but after deposit BTC will be re-transfered to Coinbase hot/cold wallet.

Simply yes.

Your transaction value will go into their centralized hot wallet then it will be transferred from there normally it has huge amount of transaction value in a batch of different people's transaction.And also each time you will get different deposit address when you copy their QR code or address.

I am using coinabse transfer fund to my local user since it's free mail to mail and instant. Coinabse is a custodial wallet, so when you will sent fund to your address genarated from coinabse it will spent again to another address of their Hot wallet/cold wallet. That means your address doesn't hold any fund so no question to spend from your receiving address. Because amount already spent. So when you will sent your fund to another bitcoin address coinabse you send fund from their hot/cold wallet. Since you won't send fund on multiple address by single transaction so 'from' address will be different. But if you lucky perhaps it would match 'from' address, but there is low chances. Because million of people using that wallet and making transaction regular. So address would be change randomly.

I will not encourage to use coinabse as bitcoin wallet. Please try to use some non-custodial wallet like electrum. So you can control your address and fund as well since you will have all the private keys.

Maybe.

Coinbase process all their withdrawals from centralized hot wallets. Several times a day, Coinbase sweep all their users' individual deposits from their individual addresses in to one single address in a big consolidation transaction. They might then consolidated that transaction with others like it. Eventually, funds all end up consolidated together in a single address in one of their hot wallets. They pay out withdrawals from these hot wallet addresses until they run out, and then they move on to the next hot wallet address. Sometimes they may use multiple hot wallet addresses at once.

If you make 5 withdrawal requests in the space of a few minutes, then there is a good chance they will be processed together and all end up in the same transaction, and so come from the same address. If you make the requests in the space of a few hours, then a couple might originate from the same address. If they are spread out over days or weeks, then chances are they will all come from different addresses. If it is important to you that the transactions come from different addresses, then you need to withdraw to your own wallet and use change addresses as Royse777 described above. Even then, however, it is trivial to link these transactions together. If you need the 5 transactions to completely unlinked from each other, then you need to pass your coins through a mixer.

None of the origin address for these transactions will be the same as the deposit addresses you use when depositing to Coinbase.

Coinbase not supporting sending multiple addresses with a single transaction, a long time ago "Blockchain" supporting that feature but right now they already shutting down the feature. If you want to do that, you also can use "Electrum".

I believe, depending on how much coinbase can handle the output transaction, probably you also get lucky got the same tx. Some of the exchange sometimes waiting for a minimum transaction was reached before the transaction happened. For example, if the transaction activity was not really high and minimum transaction they can handle around 30-50 requesting withdrawal. They will wait for a lot of people doing a transaction until the 50 tx requesting was reached if minimum requesting transaction already reached they will process the transaction.

As Royse777 said, every time you make a transaction, you will have a different input for the next transaction.

But why not send to all of those 5 addresses in a single transaction?
In this case you pay a lower fee.
If you make  5 transactions, for each of transactions, you will have 1 input and 2 outputs. In this case size of each of transactions will be about 220 bytes. As you have to make 5 transactions, you must pay for 1100 bytes. But if you send to all of those 5 addresses in a single transaction, you will have 1 input and 5 outputs. In this case the size of transaction will be about 330 bytes which is 70% lower than the previous case.

I do not know how Conbase works but normally if you make 5 different tx for 5 different outputs then yes the origin will change.

For example say origin x.

In this case with change address active and if your output addresses are 1, 2 , 3, 4 and 5 then the five different tx will be:
x to 1 and x1 (x1 is the change address)
x1 to 2 and x2
x2 to 3 and x3
x3 to 4 and x4
x4 to 5 and x5

I know it's a newbie question but bare with me , Lets say I'm holding 10 $ in BTC in a coinbase account , if I send this 10 $ in 5 different batches to 5 different addresses externaly . Does the origin address from coinbase change for each transaction ? Like I am sending from 5 different addreses ?