Quote:
Originally Posted by UncleJAthletics
How are you guys generating new ltc addresses for withdrawals?
I wrote this awhile back talking about how to generate new LiteCoin addresses on Exodus...
Unfortunately Litecoin on Exodus doesn't generate a new fresh address like Bitcoin does. The technique for getting a new Litecoin address is to create new PORTFOLIOS inside your wallet. It is silly, but worth it if you want the low fees for Litecoin. For example, inside your Exodus wallet you create a new portfolio called LC1 or whatever, use it once to do a Bonition transaction. Then after you have received the money from Bonition and then moved it out of that portfolio, you delete that portfolio YOU CAN'T GET A DELETED PORTFOLIO BACK, THEREFORE MOVE THE MONEY OUT FIRST and create another one named LC2 or whatever to get a new portfolio with a new Litecoin address. The Litecoin portfolios become one time use portfolios if it is Bonition and their fresh new address requirements you are after. Google or Exodus will probably do a better job of explaining the "add a portfolio."
It seems like a lot of hassle, but when I want to do a Bonition withdrawal, I open my Exodus wallet, delete the old now EMPTY Litecoin portfolio and create a new Litecoin portfolio in less than 60 seconds.
Whether or not you delete the old portfolios is up to you. People in this thread have had different experiences. One person posted that after he got up to 10 portfolios it wouldn't let him create more even after deleting old ones. I haven't had that issue. And even if I did end up with a cap on making new portfolios, I would just make a new wallet. Cryptocurrency withdrawals are so much better than the past of getting checks.
Last edited by ladybruin; 12-02-2021 at 12:03 AM.