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bitcoinwarrior1 / crypto-timelocked-backup

A tool that allows user to create time bound backups for various cryptocurrencies
https://james-sangalli.medium.com/utxo-based-backups-an-idea-for-bitcoin-cold-storage-21f620c35981
MIT License
9 stars 2 forks source link

Consider suggesting the user use their exchange address as the recipient #14

Closed bitcoinwarrior1 closed 1 year ago

bitcoinwarrior1 commented 1 year ago

This makes it easier for the user and exchanges like Binance don't typically change their deposit address for their users.

This would require modification of the erc20/721 approach as approvals won't work. We could use transfer.

bitcoinwarrior1 commented 1 year ago

https://www.binance.com/en/support/announcement/existing-deposit-addresses-memo-on-selected-networks-to-be-retired-c8d82e9c6c694be8b8d2cd88227ae1ea