Assets, Bitcoin

Does Coinbase Bitcoin Wallet Address Change?

A Satoshi is the smallest unit of a Bitcoin. It is named after Satoshi Nakamoto, the creator of Bitcoin. A satoshi is one hundred millionth of a bitcoin (0.00000001 BTC).

In other words, a bitcoin is worth 100,000,000 satoshis. Created in 2009, Bitcoin is the first and most well-known cryptocurrency. There are only 21 million bitcoins that can ever be created.

When you create a Coinbase account, you automatically get a Coinbase bitcoin wallet address. This is the address that you use to receive and send bitcoins.

Your Coinbase wallet address can be found on the dashboard on the right hand side under “Your Addresses”. It will look something like this: 1BvBMSEYstWetqTFn5Au4m4GFg7xJaNVN2.

NOTE: WARNING: Coinbase Bitcoin Wallet Addresses can change. Be sure to double check the address you are sending or receiving Bitcoin to/from, as if you send it to the wrong address, it could be lost forever. Also note that Coinbase reserves the right to change your wallet address at any time without prior notice.

You can also find your Coinbase wallet address by clicking on the Tools menu at the top of the page and then selecting Wallet Addresses. On this page, you will see all of the wallet addresses that have been generated for your account and you can choose which one you would like to use.

If you would like to generate a new wallet address, you can do so by clicking on the Create New Address button. Please note that each time you generate a new wallet address, the previous one will become invalid.

So if you give someone your old wallet address, they will not be able to send bitcoins to it.

The short answer is no, your Coinbase Bitcoin Wallet Address will not change.

Previous ArticleNext Article