Post
Topic
Board Exchanges
Re: How does exchanges generate addresses
by
Colorblind
on 12/02/2018, 08:28:04 UTC
Hello Everyone,
I was wondering which method do big exchanges like binance, bitstamp, bitfinex ... generate bitcoin addresses, or any other altcoins addresses in mass for their users.
Possibly through a wallet installed in VPS then rely it to the website with json rpc as API ?

Regards,
ThisManIsTesting.

My guess is they create proprietary wallet that generates addresses en-masse once (like 10 millions of adresses). Then they can simply pick any address and assign it to user permanently.