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Board Beginners & Help
Merits 2 from 1 user
Topic OP
Large Transfers - best practices?
by
ulhaq
on 24/05/2021, 03:08:14 UTC
⭐ Merited by DdmrDdmr (2)
Let's say I want to make a large transfer to an exchange. I am sure to verify the receiver address. However, if the exchange made a mistake somehow, all the bitcoin would be lost forever. So does it make sense to send a small amount first, confirm that they receive it, and then send the rest?
Because I have also heard that every address should not be used more than once.