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Crypto Cube ⚡ · Nov 3, 2024

How to Setup Reject Address Reuse with Cube Bitcoin ATM

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Bitcoin Capitalist · Crypto Cube ⚡

Enabling this feature will prevent customers from performing cash-in transactions using the same address more than once.

If the same address is scanned again after it's already been used, the machine will prevent that transaction until the user generates a new address.

Some reasons you may want to prevent address re-use:

  • Reduces the impact of scams which employ a static address

  • Increases privacy for the user and operator by encouraging fresh addresses

  • Compliance with particular regulations in your jurisdiction

This feature is available in Defiant Dingirma v7.4 and higher. To use it, please first upgrade to the latest release.

⚠️ ‏‏‎ ‎NOTE: This feature enables for all cryptos except ETH, as the vast majority of ETH wallets re-use a singular address, rather than generating new change addresses. (Thus, if applied to this coin, a user would have to create a new wallet for every ETH transaction.)
 

To enable, visit the 'Compliance > Triggers' panel of your admin and set 'Reject reused addresses' to On.

Going forwarded, newly scanned addresses will be added to an address blacklist. If a user attempts to scan an address from that list, they will be prompted to generate a new one with the screen shown at the top of this article.

⚠️ ‏‏‎ ‎NOTE: You may also blacklist individual addresses manually.

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