Reminders To Coin An Users After Updating ETH Deposit Address To TSS

On April 14th, according to the Web3 Knowledge Graph Protocol 0xScope monitoring, Coin An has just updated the user’s ETH deposit address to the new TSS address. Remind users not to use old deposit addresses or assets may be lost.

Coin An has updated the user’s ETH deposit address. Do not use the old address, otherwise assets may be lost

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Table of Contents

1. Introduction
2. What is Coin An?
3. Why Has the Deposit Address Changed?
4. How to Update Your Deposit Address?
5. How to Confirm the New Deposit Address?
6. What If You Still Use the Old Deposit Address?
7. How to Protect Your Assets?
8. Final Thoughts
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Coin An, one of the popular digital asset exchange platforms, has recently changed its Ethereum (ETH) deposit address. According to the Web3 Knowledge Graph Protocol 0xScope monitoring, the update was made on April 14th. Users are urged to update their deposit address as soon as possible to avoid any potential issues. In this article, we will discuss what Coin An is, why the deposit address has changed, and how to protect your assets.

What Is Coin An?

Coin An is a digital asset exchange platform that allows users to buy, sell, and trade cryptocurrencies. It offers a user-friendly interface and competitive fees, making it a popular choice among traders.

Why has the deposit address changed?

Coin An has updated the Ethereum deposit address to implement the Threshold Signature Scheme (TSS). The TSS is a cryptographic technique that enhances security and speeds up the transaction process. By implementing this technique, Coin An expects to provide a safer and more efficient deposit process for its users.

How to Update Your Deposit Address?

To update your deposit address, follow these steps:
1. Log in to your Coin An account.
2. Head to the Deposit section and click on the ETH deposit button.
3. You will see the new deposit address.
4. Copy the new address and double-check it.
5. Go to your external wallet or exchange where you store your ETH.
6. Update the deposit address with the new one on Coin An.

How to Confirm the New Deposit Address?

Once you have updated your deposit address, you should confirm that the new address is correct. To do so, follow these steps:
1. Check the updated deposit address on the Coin An website.
2. Go to Etherscan.io and paste the new deposit address in the search bar.
3. Double-check that the address matches the one on the Coin An website.
4. You can also check the transaction history to ensure that the deposit was successful.

What if You Still Use the Old Deposit Address?

If you still use the old deposit address, your assets may be lost. Therefore, it is important to update your deposit address as soon as possible. If you have already sent ETH to the old deposit address, contact Coin An’s support team immediately.

How to Protect Your Assets?

Here are a few tips to protect your assets:
1. When sending funds to your Coin An account, always double-check the deposit address.
2. Use two-factor authentication (2FA) to secure your Coin An account.
3. Do not share your login information or any sensitive information with anyone.
4. Use a unique and strong password.
5. Keep your computer and antivirus software up to date and avoid using public Wi-Fi.

Final Thoughts

Coin An has implemented the TSS technology to enhance security and speed up the transaction process. Users are reminded to update their deposit address and confirm the new address before making any transactions. Moreover, users should take necessary precautions to ensure that their assets are protected.

FAQs

1. What is Coin An?
Coin An is a digital asset exchange platform that allows users to buy, sell, and trade cryptocurrencies.
2. Why has the deposit address changed?
The deposit address has changed to implement the Threshold Signature Scheme (TSS) technology and enhance security and speed up the transaction process.
3. How to protect my assets on Coin An?
To protect your assets on Coin An, use two-factor authentication (2FA), avoid sharing sensitive information, and use a unique and strong password. Keep your computer and antivirus software up to date and avoid using public Wi-Fi.