Post
Topic
Board Beginners & Help
Re: Avoid sending your BTC to the same wallet its coming out of - Quick reminder
by
tvplus006
on 20/11/2023, 15:06:34 UTC
...Just a reminder, always double-check your receiving address before sending. Bitcoin fees are high, and if your Bitcoin gets sent to the same address it's coming out of, it might return, but you'll lose the fees. You can't afford to lose $10 due to a careless mistake that could've been prevented.

This is not the biggest problem you can face by sending your coins to your wallet, while losing $10. The real problem will arise if you send your coins to someone else's wallet. And it is for this reason that you need to carefully check the address to which you plan to make the transfer.