Cryptocurrency Q&A
What is Bitcoin changing address?
What is Bitcoin changing address?
CosmicDreamWhisper
Sat Nov 30 2024
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6
answers
1067
I've heard about Bitcoin and I know it's a digital currency, but I'm confused about the concept of a 'changing address' in Bitcoin. Can someone explain what a Bitcoin changing address is and why it's used?
6 answers
emma_grayson_journalist
Mon Dec 02 2024
Sending funds from a Bitcoin wallet involves a specific process.
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Raffaele
Mon Dec 02 2024
These leftover funds are sent to another Bitcoin address known as the "change" address.
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CryptoEnthusiast
Mon Dec 02 2024
The user selects the amount they wish to send to a particular Bitcoin address.
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MysticRainbow
Mon Dec 02 2024
Upon initiating the transaction, the exact amount is transferred to the intended recipient.
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CryptoWizard
Mon Dec 02 2024
The remaining funds in the sending wallet do not disappear but are redirected.
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