Post
Topic
Board Beginners & Help
Re: Someone Deposited Money Into My Bitcoin Wallet. Can He Withdraw it?
by
Stable090
on 13/12/2023, 16:07:56 UTC
Someone owed me money and he wanted to pay me in Bitcoin.
So I gave him my Bitcoin wallet address and he transferred the funds.
It's now complete.
But can he now withdraw the money since he has my bitcoin wallet address?

With your wallet address, no one can withdraw money from your wallet. The only way a person can withdraw money from your wallet if you are using an exchange is when the person has the mobile number or gmail that you used to register on the exchange and the password to the exchange. If you are using a non-custodial wallet, then until the person has access to your private key before they can make a withdrawal from your wallet, that’s why we are supposed to properly secure our private key so that no one will be able to access it. But with your wallet's private key properly secured, your bitcoin is safe.