Post
Topic
Board Beginners & Help
Re: Using one vs multible addresses
by
I.Grozni
on 24/04/2018, 21:27:17 UTC
Hi,

Wallets like Electrum or Ledger Nano S generate a different receiving address every time I use them. I noticed I can reuse the previous generates addresses again.
Why shouldn't I use the same address for every transaction? Wouldn't this save me some fees when I spend the coins?

I'm curios for your thoughts.
Thanks

If you use a secure wallet you can use your address several times. The same address is required to participate in the campaigns because when you sign the address and register it for receiving a campaign payment then all payments are made exclusively to the registered and signed address. Of course, for security, you can later transfer these funds to another address.

Payment with several addresses in the same wallet does not require an additional fee.