2

First, a wallet is a software application that usually manages your keys, addresses, and transactions. When someone sends you Bitcoin, it is generally sent to one of the addresses that the wallet software manages. There really is no limit to how many wallet software applications you can run, and not really a limit on addresses either (except for disk space, ...


2

The same kind of business trust and legal things that let an exchange or a bank running I suppose. There have been exchanges doing what you said in the past, and they have gotten the same legal pursuit as any other business scamming his clients. Here is some links: https://www.coindesk.com/six-arrested-over-cloned-crypto-exchange-that-stole-e24-million ...


2

How can I access the coins stored in the Cryptobridge wallet? According to Cointelegraph in late 2019: [CryptoBridge] announced that all of the firm’s services and servers will be terminated within two weeks. Users will be able to withdraw funds from the exchange until Dec. 15 — the last day of operation. I'm not familiar with CryptoBridge but it seems ...


1

A few exchanges publicize their hot and cold wallets, but currently, as far as I'm aware, no exchange publishes a full list. This may change as FATF's Recommendation 16 adoption grows, but may still be limited to closed access networks among exchanges. Beyond that, for most services, it is not very hard to determine if a used address belongs to an exchange - ...


1

I think there are few values that every exchange is looking for. ability to work with multiple coins (exchanges = shitcoin casinos) ability to generate the addresses and manage them securely on-scale within organization knowledge of API interfaces Regarding second point (as it's a bitcoin-related board) I'd advise looking at few projects that you can ...


1

According to some research, reported volume is inflated by up to 95%. The figures in adjusted volume usually either remove exchanges whose reports are unreliable or attempt to determine the actual volume in some fashion. One source of highly increased volumes is that some exchange take fees for deposits and withdrawals but no fees on trades. Many sites ...


1

Yes, exchanges tend to have huge cold wallet where they amass and send most of their bitcoins ( you can even follow those addresses by each exchange on the top 100 richest bitcoin addresses ) When a user want to withdraw fund they can use smaller hot wallet to send coins, some exchanges will use payment channel for the transfer but most have not adopted it, ...


1

I think it will be better to divide your deposit into two parts. Half in USD and another half in BTC. First bot tries to maximize your profit in USD. Second - in BTC. Any price moving makes you rich


1

You have to get money into the exchange to purchase and secure your position somehow. BTC is probably an easy way to do it but you could also do it with EUR or USD. You will need BTC to close the position but since you're going to be shorting BTC, you won't want to hold BTC while the position is open, so you'll be holding some form of fiat instead.


1

According to https://bitcoin.org/en/glossary/hd-protocol Definition The Hierarchical Deterministic (HD) key creation and transfer protocol (BIP32), which allows creating child keys from parent keys in a hierarchy. Wallets using the HD protocol are called HD wallets So this allows you to create lots of addresses just from a Master Key Are they secure? As ...


1

I have no idea what it's even talking about. When you make a transaction on the Bitcoin blockchain you normally need to include a mining fee to reward the miners for including your transaction into a block they mine which gets added to the blockchain. When you construct your transaction, the software you are using (whatever Bisq provides) may select a fee ...


1

Bisq Offer IDs are randomly generated and consist of 3 parts separated by "-": Prefix: between 5 to 8 characters in length Randomly generated UUID: 5 sections of 4, 2, 2, 2, & 6 hex values separated by "-" Bisq Version: "." separators removed In your first example, emzlols-7639fae0-cd4d-48cf-acc5-abc97dab89db-124, emzlols is the Prefix, 7639fae0-cd4d-...


1

Long USD/BTC is the inverse of short USD/BTC, which is identical to short BTC/USD.


1

In exchanges like Binance when a user wants to deposit coins in bitcoin or in other coins, per user receives a unique public key?Do they have to generate pair key private/public key for each user in each coin? I suppose they must be using a HD wallet for each users, but since one you send them your coins, everything happen in their back end they can do ...


1

Futures are derivative instruments used to lock in a price of a security at a predetermined future date and price. The price that you buy a future indicate the price of what Bitcoin would be say 3 months from today, also known as the expiry of the contract. However, if investors would like to trade on the current price, the only option available to them is ...


1

There are, broadly, three types of addresses in use at the moment: P2PKH - Pay to public key hash addresses start with a 1, and should be accepted by essentially any service in the Bitcoin ecosystem P2SH - Pay to script hash addresses are commonly used for multisig, but as of the segwit activation, they are also used for wrapped segwit addresses. These ...


1

I want to transfer coins to multiple exchanges, how can I do it? Just open accounts on all those exchanges and then get deposit addresses. Transfer funds howefver you like. Can I split coins from one wallet into the exchanges? Yes. Do I need a specific kind of wallet? You can just withdraw from wherever your coins are now to your deposit addresses ...


1

When users deposit cryptocurrency into an exchange, the exchange takes custody. The cryptocurrency is now the exchange's and the exchange adds a corresponding balance for the depositor to their books. The user specific address is only used to identify whom to credit the deposit to. After the deposit, there is no reason to keep track of the funds in the ...


1

Receiving funds in Bitcoin is an asynchronous and passive process. A sender creates a transaction which consumes some unspent transaction outputs (UTXO) and assigns the freed-up value to newly created UTXO. A UTXO generally specifies an amount of bitcoin and some spending conditions that must be fulfilled to consume the UTXO. The most common spending ...


1

Cryptocurrency exchanges are generally taking custody of your funds while you are using their service. You send a deposit of fiat to their bank account or cryptocurrency to an address under their control and after this payment has been confirmed, they credit you a balance on their platform. When you trade one currency for another, they only update their ...


Only top voted, non community-wiki answers of a minimum length are eligible