Can a bitcoin exchange recover coins sent to a previous address used on said exchange?

0

In my case, I withdrew from my exchange account from wallet ABC (if I look up the trx on block explorer, it says it came from public key ABC). A few weeks later I went to deposit more money into my exchange account, however I accidentally sent the bitcoin to wallet ABC instead of the nominated 'deposit address' on my account.

I'm freaking out that my coins may be lost. Would the exchange be able to sweep this wallet and credit it to my correct account?

acer355

Posted 2018-01-09T22:45:29.643

Reputation: 1

Why can’t you again withdrawal from walllet ABC? It should still be associated with your account on the exchange site.Dr.Plastics 2018-01-10T12:06:09.390

Answers

1

Yes, it would be possible because they hold the private keys for that address. You will need to contact the exchanges customer support. However while they may be technically able to do so, they may not actually credit your account.

Andrew Chow

Posted 2018-01-09T22:45:29.643

Reputation: 40 910

1

Yes but it is the exchanges choice. Please go to there support area you can send them an email what happened. It is there choice and some exchanges have policy were they won't give it back but its your best bet.

Kolby Moroz

Posted 2018-01-09T22:45:29.643

Reputation: 21

0

They probably already credited whoever's address that is. Say Alice sends bitcoins to her deposit address. When you withdraw, the exchange can use any bitcoins they have, which might include the ones Alice deposited. So your bitcoins will come from her deposit address. If you send bitcoins to that address, the exchange will credit Alice.

David Schwartz

Posted 2018-01-09T22:45:29.643

Reputation: 46 931