TheLegendaryMan on Nostr: So I have never done this before, but I am going to make an assumption. Lets say I ...
So I have never done this before, but I am going to make an assumption.
Lets say I have a bitcoin wallet like electrum. It generated 50 wallet addresses. I deposit sats into one address, but later decided I want to have different addresses for different purposes. In order to help me with money management.
In order to transfer the funds from one wallet into another on chain. Each time the sats are transfered into a different wallet address within electrum. A little bit of sats is taken out in fees for each transfer.
Is this assumption correct, or incorrect?
#asknostr
#bitcoin
Lets say I have a bitcoin wallet like electrum. It generated 50 wallet addresses. I deposit sats into one address, but later decided I want to have different addresses for different purposes. In order to help me with money management.
In order to transfer the funds from one wallet into another on chain. Each time the sats are transfered into a different wallet address within electrum. A little bit of sats is taken out in fees for each transfer.
Is this assumption correct, or incorrect?
#asknostr
#bitcoin