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❓ASK Why you should generate new bitcoin addresses

NoLimits15

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Many of the times bitcoin transactions can happen with the same address which can be a bit risky. Your activity can easily be tracked and can even give access to hackers. Therefore, the next time you make a bitcoin transaction, make sure to change the address...
 
Yeah you maybe right , and I use coinbase Bitcoin address that changes Everytime , so we don't need to create another address , it's automatic. Same with coinomi too.
 
Your advice is valid but my wallet does this for me. I notice the change I think every 2-3 days so no cause for alarm but the reasons behind it is important.
 
Your advice is valid but my wallet does this for me. I notice the change I think every 2-3 days so no cause for alarm but the reasons behind it is important.
Yeah the Bitcoin wallets of coinbase and other wallets change the Bitcoin address automatically everytime when we login. But BTC address doesn't change in trust wallet
 
yes that is completely agreeable because you can transact easily to between but your transaction also traced easily through the block and anybody can keep our trace of what you have been giving or taking through the Bitcoin system
 
I have used one wallet address for lots of transactions without issues though changing it at intervals is the best for security reasons but I do forget since I had copy and pasted the address somewhere so anytime I need address I don't go get new one just copy this and use.
 
I have used one wallet address for lots of transactions without issues though changing it at intervals is the best for security reasons but I do forget since I had copy and pasted the address somewhere so anytime I need address I don't go get new one just copy this and use.
I think it will better if you use new address almost all the time to confuse hackers and dubious people that is always on the prowl to commit fraud. This will save your wallet all time than copying and pasting your old wallet address all the time.
 
Yeah , I have learnt from opinions shared here, I will always change the wallet address subsequently , I also read even if one change an address the formal can still be used for future transactions.
 
Yeah , I have learnt from opinions shared here, I will always change the wallet address subsequently , I also read even if one change an address the formal can still be used for future transactions.
Yeah, sure the former address will still be useful for future use, you can even still asked those that had it before to send money to you through it.So it a win win situation both for the site and the users.
 
Yes this is a real fact if you don't change it your transactuin will be totaly traced
so now most of the bitcoins wallet and crypto currenciens wallet do it for you
fo every time you get or send bitcoin they change your bitcoin adress
 
The blockchain technology is a complex program, I appreciate those behind it as they deal with every threats and forseen threats. A local bank in my country is working to enhance it services through blockchain so very likely they will also be trading bitcoin.
 
Yeah, for sure! Thank you for this advice. What I have definitely learned is to keep changing my bitcoin wallet addresses otherwise I am asking for trouble...
 
In one of the wallets I use, depending on the address created under each coin, you have a different address for different payments. For instance BTC address for site A payments differ from Site B payments.
The wallet you use currently is possible for you to generate 10 bitcoin addresses differently, if yes what's the name of the wallet, I use trust wallet and it only one address I can generate.
 
The wallet you use currently is possible for you to generate 10 bitcoin addresses differently, if yes what's the name of the wallet, I use trust wallet and it only one address I can generate.
When I open up Luno, under bitcoin for instance I have bmf payment, faucet pay, etc. And I realized that they are different from one another when I use them.
 
I read from forum coin that a hacker can easily get the knowledge of your total fund by using your Bitcoin address . It was advices there to try as much as possible to change Bitcoin address for transactions
 
When I open up Luno, under bitcoin for instance I have bmf payment, faucet pay, etc. And I realized that they are different from one another when I use them.
That's just two addresses, I also use luno to receive payment from BMF and other sites and I don't think we can generate more than 3 addresses from bitcoin.
 
That's just two addresses, I also use luno to receive payment from BMF and other sites and I don't think we can generate more than 3 addresses from bitcoin.
I guess 3 should be enough if that is the limit and anyone who wants more can explore the use of two or more wallets. I didn't mention 10 by the way.
 
That's just two addresses, I also use luno to receive payment from BMF and other sites and I don't think we can generate more than 3 addresses from bitcoin.
You can be alternating it . The important thing is that you don't use the same address to receive money for consecutive times . It is risky
 
You can be alternating it . The important thing is that you don't use the same address to receive money for consecutive times . It is risky
I don't really see any risk as such in it but may be now because earlier I used one single address to recieve money from Mr.B More than 5 times.
 

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