Since you are creating a new wallet. You can combine previous transactions you received on your current wallet (Which are held in what is knows as a UTXO) into one larger UTXO.
This helps make future transaction cheaper.
If you are coming from an Exchange, you don’t need to worry about this.
How can I combine these UTXOs into one large UTXO? From what I read now. It’s not possible to do so?
#asknostr
Please Login to reply.
If you send all your BTC from one wallet to another it will create one uxto by default
That is indeed what I just read 😅 thanks. Didn’t expect it to be that simple lol