Bitcoin: Sent BTC to change address instead of a receiving address; is it ok to just leave it like that or should I move the BTC to a receiving address?

Understand the types of Bitcoin transactions: modify addresses with regard to reception addresses

As a Bitcoin user, you have probably encountered the concept of types of transactions and addresses in your quest to effectively manage your digital assets. A question that has perplexed a lot is whether it is normal to leave Bitcoin (BTC) on one of the addresses to change an electrum portfolio instead of moving it to a reception address.

What are the addresses of change?

The modification addresses, also called shipping addresses, are used for transactions where the sender wishes to receive payment in return. In other words, they are not the expected recipient of funds, but rather someone else who is remunerated when the transaction is finished.

What are receiving addresses?

On the other hand, the reception addresses are used for transactions where the recipient wishes to receive a payment immediately. They generally have a unique address which can be sent directly to receive funds without any intermediary.

Why are the addresses of change are not ideal

The sending of funds to a modification address is generally not recommended, because it:

• Allows third parties to access and use your bitcoin

• Increases transaction costs

• Can lead to double expenses

Move the funds upon receipt of the address: a recommended practice

To avoid these problems, it is better to move the Bitcoin from a change address to a reception address. Here are some steps you can follow:

• Check the modification address : Make sure that the modification address is correct and corresponds to the settings of your wallet.

• Transfer funds

  : Use an exchange or compatible service (such as Coinbase or Binance) to transfer funds to the reception address.

Why are the reception addresses preferred

The reception addresses are more secure and practical than the modification addresses because they:

• Authorize direct payment without intermediaries

• Reduce the risk of transaction costs

• Eliminate the need to verify the identity of a recipient

By transferring Bitcoin to a change address to a reception address, you can maintain control of your funds and avoid potential security risks associated with their sending to unknown or not verified recipients.

Conclusion

In conclusion, although the Bitcoin leash on the address to modify an electrum portfolio may seem practical, it is not recommended. Instead, move the funds to a reception address using an exchange or a compatible service. This will ensure that you have more control over your digital assets and will reduce the risk of safety problems associated with their sending to unknown recipients.