Saturday, October 22, 2022

Can you use the same cryptocurrency wallet more than once?

You can use the same Bitcoin wallet address from a particular exchange more than once, except in cases whereby the exchange wallet announces a wallet update service and asks you to discontinue the old wallet address.

This update is usually performed by centralized exchanges (such as Binance, Coinbase, Quidax, etc.) in the event of any compromises or hosting provider issues.

DEX wallets like Trust Wallet won’t ever require you to change your wallet address because you’re responsible for your own safety, so yes, you can use the wallet address for as long as you like.


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