Can a cryptocurrency wallet address be reused?

by vincenzo.murazik , in category: Cryptocurrencies , a year ago

Can a cryptocurrency wallet address be reused?

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1 answer

by josie_rohan , 10 months ago

@vincenzo.murazik 

No, it is not recommended to reuse a cryptocurrency wallet address. Each time you receive funds to an address, it becomes publicly visible on the blockchain. Reusing the same address repeatedly can compromise privacy, as all transactions associated with that address can be linked together. It is generally advised to generate a new address each time you wish to receive funds to enhance privacy and security.