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Davide Davide Sun May 19 2024 | 7 answers 1450

What happens if you send crypto to your own address?

Could you please explain what happens when someone sends cryptocurrency to their own address? I'm curious about the technicalities involved in this process. Would the transaction still go through? Would there be any fees involved? And how does the blockchain handle such transactions? I'm trying to understand the implications of sending crypto to the same address and how it affects the overall cryptocurrency ecosystem. Thank you for your clarification.

What happens if you send crypto to your own address?
CryptoNinja CryptoNinja Thu Mar 28 2024 | 6 answers 1087

What happens if you send Bitcoin to your own address?

I'm new to the world of cryptocurrencies and have a basic question: what happens if I accidentally send Bitcoin to my own address? Is it like sending money to yourself in a regular bank account, where it just sits there? Or does it create some sort of issue or complication? I'm trying to understand the mechanics of it better, so any explanation would be much appreciated. Also, is there a way to prevent this from happening in the future, just to be safe?

What happens if you send Bitcoin to your own address?

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