<p>Exchange services will generally consolidate customer deposits, and allow withdrawals from a communal hot-wallet. So the coins you receive upon withdrawal may have very little on-chain relation to the coins you deposited. The specifics of this will vary from one exchange to another though.</p>
<blockquote>
<p>For complete privacy and anonymity would I need to first empty out the account first ? I would end up with a lot of dust.</p>
</blockquote>
<p>Bitcoin <a href="https://bitcoin.stackexchange.com/q/103243/63872">can be used privately</a>, but it takes some work. Emptying out your account won't do much, and if you're looking for privacy, then you shouldn't be transacting through a trusted third party anyways.</p>

CC BY-SA 4.0
2022-04-19T00:42:45.823Z
If I take out that it was on an exchange , and say I do this on Electrum , are the 2 original addresses and 1 address with the remaining amount traceable to each other ?
user1367323
CC BY-SA 4.0
2022-04-19T04:10:19.457Z
Yes, but not because of the output's values as your question suggested, it would simply be because all the inputs/outputs in question were party to the same transaction. See for example: https://en.bitcoin.it/wiki/Privacy#Common-input-ownership_heuristic
chytrik
CC BY-SA 4.0
2022-04-18T06:29:32.170Z
2022-04-18T06:29:32.170Z
chytrik
<p>If I have 0.01 on an exchange that allows generating new addresses , and I send 0.02 to a new address on that exchange , and then I send 0.025 off of that exchange , did I basically cross spend and the new address with 0.005, and the other 2 addresses , are now all traceable to be connected to each other?  To my understanding because transactions have many digits, they can be used to map the addresses (.010122+.024991=...do math with mining fees..==&gt; ok these 3 are making this transaction)</p>
<p>For complete privacy and annonymity would I need to first empty out the account first ?  I would end up with a lot of dust.</p>

<transactions><address-generation>
Multiple receiving address on exchanges
user1367323
# Multiple receiving address on exchanges

(Asked by: username_0 on 2022-04-18)

If I have 0.01 on an exchange that allows generating new addresses , and I send 0.02 to a new address on that exchange , and then I send 0.025 off of that exchange , did I basically cross spend and the new address with 0.005, and the other 2 addresses , are now all traceable to be connected to each other? To my understanding because transactions have many digits, they can be used to map the addresses (.010122+.024991=...do math with mining fees..==> ok these 3 are making this transaction)

For complete privacy and annonymity would I need to first empty out the account first ? I would end up with a lot of dust.

**Tags:** transactions, address-generation


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## 1 answers

### Answer by username_1 on 2022-04-18. Score: 2

Exchange services will generally consolidate customer deposits, and allow withdrawals from a communal hot-wallet. So the coins you receive upon withdrawal may have very little on-chain relation to the coins you deposited. The specifics of this will vary from one exchange to another though.

> For complete privacy and anonymity would I need to first empty out the account first ? I would end up with a lot of dust.

Bitcoin [can be used privately](https://bitcoin.stackexchange.com/q/103243/63872), but it takes some work. Emptying out your account won't do much, and if you're looking for privacy, then you shouldn't be transacting through a trusted third party anyways.

> **Comments:**
> **username_0**: If I take out that it was on an exchange , and say I do this on Electrum , are the 2 original addresses and 1 address with the remaining amount traceable to each other ?  
> **username_1**: Yes, but not because of the output's values as your question suggested, it would simply be because all the inputs/outputs in question were party to the same transaction. See for example: https://en.bitcoin.it/wiki/Privacy#Common-input-ownership_heuristic  

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