What is a bitcoin change address?

If the amount you wish to send is less than the total balance in your wallet, the remaining funds will be sent to a "change address." This change address is generated by your wallet software to ensure that the unspent balance is securely stored.

The change address is unique to each transaction and is owned by the sender. This means that the sender has full control over these funds and can use them for future transactions or keep them as savings.

BTCC, a top cryptocurrency exchange, offers a range of services that cater to both beginners and experienced traders. These services include spot trading, futures trading, and a secure wallet solution.

As a beginner in the cryptocurrency world, you may encounter various terminologies that may seem unfamiliar. One such term is the "change address." This concept is integral to understanding how transactions work within the Bitcoin network.

When you initiate a Bitcoin transaction, you are essentially sending the entire balance from one address to another. However, it's important to note that you don't have to send the entire balance if you don't intend to do so.