Please help: BTC address reuse

Started by Ragas 2018-10-22 at 01:13
1 replies to this topic
Ragas
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Seasoned BTC users, please help. I dont understand how BTC address/wallet works. I use a Blockchain wallet. It says my BTC address (for receiving money) changes everytime. My questions:

Do I have to change my BTC address in Scarlet Clicks Personal Settings every time I want to withdraw from Scarlet Clicks to the same BTC wallet?

Can I use the same BTC address for withdrawal many times?

Since BTC address changes with every transaction is it OK if I deposit from one BTC address and withdraw to a differrent BTC address (but the same wallet)?
Admin
Admin
Posts: 1381
Quote: Ragas
Seasoned BTC users, please help. I dont understand how BTC address/wallet works. I use a Blockchain wallet. It says my BTC address (for receiving money) changes everytime. My questions:

Do I have to change my BTC address in Scarlet Clicks Personal Settings every time I want to withdraw from Scarlet Clicks to the same BTC wallet?

Can I use the same BTC address for withdrawal many times?

Since BTC address changes with every transaction is it OK if I deposit from one BTC address and withdraw to a differrent BTC address (but the same wallet)?


Hello,

If your BTC wallet address gets changed then you have to update it to your current one everytime before you request a withdraw from your Scarlet-clicks profile settings.

Best regards,
Scarlet-clicks Support