How Do Crypto Exchanges Handle an Unlimited Number of Wallets?

Rashad Ansari
4 min readSep 12, 2023

Summary

Cryptocurrency exchanges, those digital hubs where you can buy, sell, and trade digital assets, rely on nifty technology to handle endless wallets. One crucial tool in their arsenal is HD wallets, which are Hierarchical Deterministic wallets. Let’s break down what HD wallets are and how they work.

HD Wallets

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Rashad Ansari

Curious and continuously learning software engineer, driven by crafting innovative solutions with passion. Let’s collaborate to shape a better future!