Why does my Coinbase wallet address keep changing?

I've noticed that my Coinbase wallet address keeps changing. Why is that happening? Is it normal for a wallet address to change frequently?

3 answers
- Yes, it is normal for a Coinbase wallet address to change frequently. Coinbase uses a feature called 'address reuse prevention' to enhance the privacy and security of its users. By generating a new address for each transaction, Coinbase makes it more difficult for anyone to track your transactions and associate them with your wallet. This is a common practice in the cryptocurrency industry to protect user privacy.
Mar 18, 2022 · 3 years ago
- Coinbase wallet addresses change to improve security and privacy. Each time you receive funds, Coinbase generates a new address for you. This prevents others from easily tracking your transaction history and helps protect your funds. It's a good practice to use a new address for each transaction to maintain privacy in the cryptocurrency world.
Mar 18, 2022 · 3 years ago
- Wallet address changes are a normal part of using Coinbase. It's a security measure to protect your funds and maintain privacy. When you receive funds, Coinbase generates a new address for you. This helps prevent others from linking your transactions and provides an additional layer of security. Remember to always double-check the address before sending funds to ensure they are going to the correct destination.
Mar 18, 2022 · 3 years ago
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