What is a legacy address in Bitcoin wallet?
I'm trying to understand Bitcoin wallets and came across the term 'legacy address'. Could someone explain what this means in the context of Bitcoin?
What is the 12 phrase in Bitcoin wallet?
I heard about this concept of a 12-phrase recovery seed in Bitcoin wallets. I'm curious to know what exactly it is and how it works. Can someone explain?
Can police trace a Bitcoin wallet?Law enforcement agencies can track and identify the owner of a bitcoin wallet through various methods, including blockchain analysis, cooperation with cryptocurrency exchanges, and legal requests to obtain user information.
Police can trace a Bitcoin wallet using methods like blockchain analysis, cooperating with crypto exchanges, and legal requests to get user info.
Can I receive money with my Bitcoin wallet?
I'm wondering if it's possible to receive payments or money directly into my Bitcoin wallet. I want to know if my Bitcoin wallet has this functionality.
How to accelerate a BTC transaction?Currently, the ability to accelerate a BTC transaction is available in Mobile and Desktop.Open your Bitcoin wallet and tap on the transaction that is stuck pending.a) You'll see the amount of BTC needed to accelerate your transaction. To proceed, b) tap Accelerate.To confirm, tap Accelerate.
I want to know how to speed up a BTC transaction. I've heard it can be done on mobile and desktop. How do I access this feature in my Bitcoin wallet and what steps should I follow to accelerate the pending transaction?