Rotating your bitcoin wallet address will help you to improve the security of funds. If you use the same address over and over again, all transactions associated with it will be kept in a ledger forever. This makes you more vulnerable to fraudsters and scammers of all kinds, because using transaction details they can identify your personality and use this info for blackmailing or theft.
The most common practice is to rotate bitcoin wallet address every time you make a transaction.
To generate a new Cryptopay Bitcoin wallet address
- Sign to your Cryptopay account
- On Accounts page choose a Bitcoin account
- Under the current address, click the Create new address button
- Wait a few seconds for the system to generate you a new address.
Now your bitcoin wallet address has been updated and you are able to provide bitcoin transactions as usual.