Sebastian Xoxo
@sexx
Do you know are CEX subaccounts? It is actively used by multi-accounts, as a convenient system of subaccounts has been created. What are they needed for? When farming retrodrops, it is strictly forbidden to send crypto between wallets; this is very easily tracked by on-chain analysts. And sub-accounts allow you not to link wallets to each other. For example, you have a bank of 500 bucks, and you need to run the LayerZero project on 10 wallets. You withdraw these 500 bucks to the first wallet, scroll through and transfer back to the exchange. Withdraw these 500 bucks to the second wallet, scroll through it and transfer it back to the exchange. STOP! Critical error! You will be depositing to the same address, which is very easy for projects, so we create a sub-account on OKX and calmly transfer money to a clean address.
1 reply
0 recast
1 reaction
Carol McDuck
@scryptmcduck
Wow thanks for valuable information. Didn’t finish reading though..
0 reply
0 recast
0 reaction