Post
Topic
Board Beginners & Help
Re: Effects of Binance Changing Wallet Addresses
by
Findingnemo
on 20/05/2023, 18:55:41 UTC
If you've been on Binance over the years, you could
Probably discover that in simple terms it is the most secured
Well coordinated and organized centralized exchange globally,

The recent announcement of wallet addresses going to expiration,
Has got me wondering, What effects, positive or negative will this have on Binance platform as well as the crypto investors and traders
On the platform, As for me I found it strange, that an address is expiring. What are your takes on this.
AFAIK, BTC address never expires and in Binance you can only have one deposit address for bitcoin so if they sre changing addresses of everyone for some reasons then its due to development of their platform or something like that so why we should be worried about?

I am sure they have a warning like check the deposit address before depositing funds to the account everytime you copy so suddenly if it changes it doesn't affect me personally or unless I am using the address for receiving payments from someone and I don't have a way to contact the sender to tell the new address.