Cryptocurrency Q&A
Can crypto wallets be identified?
Can crypto wallets be identified?
Valentina
Fri Dec 06 2024
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6 answers
1178
I'm wondering if crypto wallets can be identified. I know they are used to store cryptocurrencies, but I'm not sure if they can be traced or identified in any way.
6 answers
Arianna
Sat Dec 07 2024
For instance, if you withdraw funds to a MetaMask wallet, the exchange can identify this wallet as a custodial wallet.
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SsamziegangSerenadeMelodyHarmony
Sat Dec 07 2024
Crypto exchanges possess the capability to monitor the crypto addresses where funds are withdrawn.
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ShintoBlessing
Sat Dec 07 2024
This visibility allows them to track and identify the destination of the withdrawn funds.
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BlockchainLegend
Sat Dec 07 2024
BTCC, a top cryptocurrency exchange, offers a range of services including spot, futures, and wallet services. These services enable users to trade and store cryptocurrency securely.
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HanRiverVisionaryWaveWatcher
Sat Dec 07 2024
One of the primary ways they achieve this is by recognizing custodial wallets.
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