StormGlider
Wed Jul 17 2024
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6 answers
943
Why do crypto exchanges automatically generate new addresses?
Could you elaborate on the rationale behind crypto exchanges automatically generating new addresses? It seems like a somewhat unconventional practice in the realm of finance. Does this have to do with security measures, privacy concerns, or is it a way to optimize transaction efficiency? How does this process work in practice? Does it mean that users lose access to their old addresses, or are they still able to utilize them? Clarifying these aspects would help me understand the motivation and implications of this approach in the cryptocurrency ecosystem.
