What are the risks of sharing my external wallet address publicly?

3 answers

• Dec 15, 2021 · 3 years ago
  Sharing your external wallet address publicly can expose you to various risks. One of the main concerns is privacy. By sharing your wallet address, anyone can see your transaction history and potentially link it to your identity. This can compromise your privacy and expose your financial activities to prying eyes. Additionally, sharing your wallet address publicly increases the risk of targeted attacks. Hackers and scammers can use your wallet address to launch phishing attacks or attempt to steal your funds. It's important to be cautious and only share your wallet address with trusted individuals or entities.
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• Dec 15, 2021 · 3 years ago
  When you share your external wallet address publicly, you are essentially broadcasting it to the entire world. This means that anyone can see your transaction history, including the amount of cryptocurrency you hold and the transactions you have made. While this may not seem like a big deal, it can actually make you a target for hackers and scammers. They can use this information to craft targeted attacks and try to steal your funds. It's always best to keep your wallet address private and only share it with trusted individuals or entities.
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• Dec 15, 2021 · 3 years ago
  At BYDFi, we understand the importance of keeping your wallet address private. Sharing your external wallet address publicly can expose you to various risks, including privacy concerns and targeted attacks. It's crucial to exercise caution and only share your wallet address with trusted individuals or entities. If you have any concerns or questions about wallet address security, feel free to reach out to our support team for assistance.
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