Assets, Bitcoin

What Happens if I Send Bitcoin to an Old Address?

If you’ve sent bitcoin to an old address, you may be wondering what happens. Can you still access your coins? Will they be lost forever?

When you send bitcoin to an old address, the coins are not actually sent to that address. Instead, a new address is generated for you, and the coins are sent to that.

NOTE: WARNING: Sending Bitcoin to an old address can result in the permanent loss of your Bitcoin. When a Bitcoin transaction is sent, it is recorded on the blockchain and cannot be reversed. If you send Bitcoin to an address that is no longer active, the funds may be lost forever. Always make sure that you are sending Bitcoin to an active address before making any transaction.

This is because each time you send bitcoin, a new address is generated for you.

So, if you’ve sent bitcoin to an old address, you can still access your coins. They’ll just be at a new address.

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