Post
Topic
Board Trading Discussion
Re: Missed out on bitcoin, please make me a plan now
by
studioman
on 23/02/2021, 18:17:47 UTC
Sorry again, should've googled first (well I did but not enough I guess). I found the following:



Your address for Bitcoin and Bitcoin-based crypto assets changes every time you receive a transaction. For other crypto assets (Ethereum, XRP, Stellar, etc.) the address stays the same.

Bitcoin transactions are public information. Addresses should not be re-used for better privacy. Ledger Live automatically generates new addresses using standards (BIP32/BIP39/BIP44) and keeps track of your previous ones. Previous addresses do remain valid, but they don't offer an optimal level of privacy.

So obviously if I want to be extra secure I need to type a new address every time to Kraken or whatever I use? THe Ledger gives a new address every time and that's why it isn't the same the saved address in Kraken?