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Tracking BTC

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Trevorr
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Tracking BTC

Tue Jul 20, 2021 9:52 am

Do bookies track BTC?  I use Coinbase, can they say if BTC come from the same Coinbase account? I also use Blockchain of course and I don't send money directly from Coinbase account to bookies. But I think it's not possible, because Coinbase don't use the same adress when they send BTC, right?
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Wolfie
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Re: Tracking BTC

Tue Jul 20, 2021 12:09 pm

Technically if they want they can. But i dont think they have advanced in this. Most bookies use third parties for btc deposits.
Trevorr
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Re: Tracking BTC

Tue Jul 20, 2021 12:17 pm

I¨m not sure how Coinbase works with BTC addresses. But I think if I received BTC then convert it to currency and then again to BTC, then there is always different btc address for those BTC, right?
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Wolfie
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Re: Tracking BTC

Tue Jul 20, 2021 12:27 pm

They have the same private wallet but only different receiving addresses, one for each user. If you notice your public receiving address in an exchange always stays the same. This is different when you use a wallet where you can create different receiving address for each payment if you want. Because you are provided with a wallet but not the keys. While in exchange you are provided with only a public address, in different terms a label. Even in a wallet it can be seen that some addresses belong to the same user, when the user sends coins.

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