Always withdraw your bitcoin to your own self-hosted wallet as soon as you have bought it.
Whilst agreed - there needs to be education around UTXO size and mitigate dust transactions. Rule of THUMB - 0.015 and upper in UTXOS.
Thoughts on my thinking here?
#utxo #bitcoin
Only withdraw to self custody after you’ve done your homework. Always do your homework, so that you can always withdraw to self custody.
Fair play! Hopefully by the time they withdrawal they’ve done their research…
My thought after some experience: Once a platform is KYC’d all withdrawn transactions can go to the same address from that exchange or buy point. A wallet address per exchange and per BTC source is fine in my mind. Tagging the address to identify the source exchange helps track what KYC exposure each address has inherently. Seems like no long list of dust addresses would plague you like this. And no unnecessary exposure of KYC’d transactions are caused with unaware commingling of held BTC.
