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Topic: Stop Saving Your Bitcoin (and other crypto) Addresses In Exchanges And Wallets - page 3. (Read 532 times)

full member
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Hire Bitcointalk Camp. Manager @ r7promotions.com
Other exchanges you may have sent to in the past have closed or changed receiving addresses.
And again we see something like this happen.
Changed receiving address like this one from Binance months ago.
Existing Deposit Addresses to Be Retired (2023-04-18).

Other exchanges can do the same too.
legendary
Activity: 3500
Merit: 6320
Crypto Swap Exchange
Stop Saving Your Bitcoin (and other crypto) Addresses In Exchanges And Wallets
Period. Full Stop. End Of Line.

Wallets are lost.
Other exchanges you may have sent to in the past have closed or changed receiving addresses.
And again we see something like this happen.

https://bitcointalksearch.org/topic/btc-sent-by-mistake-to-localbitcoins-wallet-how-to-recover-5476264

Not your keys not your coins. And not an address you have access to not your coins.

With more and more exchanges shutting down and the constant hacks against them using saved addresses is just going to cause loss of access to coins more and more.

And if you sent to your own wallet, don't save the address.
Address reuse is bad for privacy anyway but beyond that if you loose access to that wallet for whatever reason do you even want the possibility that you can sent to it by mistake at some later time?

The coins you save may be your own.

-Dave

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