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What Happens If You Deposit Crypto to an Old Wallet Address?

Crypto deposit wallet addresses on Raseed may be updated from time to time. Before making any crypto deposit, you should always copy the wallet address currently displayed in the Raseed app rather than using an address saved from a previous transaction.

If you have previously saved a Raseed crypto deposit address in an external wallet, exchange, contact list, personal note, or other application, it may no longer be the latest address associated with your account. Using an old address may prevent your deposit from being credited automatically and could require a manual recovery review.

Why Crypto Deposit Addresses May Change

Raseed may periodically update its crypto wallet infrastructure to support platform security, performance, compliance, and operational requirements.

When an address is updated, the previous address may no longer be current or valid for future deposits. These updates may apply to one or more supported cryptocurrencies.

What Is Not Affected?

Updates to crypto deposit wallet addresses do not affect:

  • Your Raseed account
  • Your available balance
  • Your existing crypto holdings
  • Your transaction history
  • Your withdrawal addresses

Only the address used to make new crypto deposits may change.

Always Copy Your Deposit Address From the Raseed App

Before every crypto deposit, you should copy the wallet address directly from the Raseed app. Do not rely on an address saved from a previous deposit, even if you deposited the same cryptocurrency recently. The address displayed in the app is the latest address you should use for your transaction.

To find your current crypto deposit address:

  • Open the Raseed app on your device.
  • Go to Deposit and select Crypto.
  • Choose the cryptocurrency you want to deposit.
  • Select the correct blockchain network, where applicable.
  • Copy the wallet address directly from the deposit screen.
  • Paste the copied address into the platform, exchange, or wallet from which you are sending the crypto.
  • Verify that the address and selected network are correct before confirming the transaction.

You should also delete or replace any previous Raseed deposit addresses saved in your contacts, notes, external wallets, exchanges, or personal records.

Important: Always copy the wallet address currently displayed in the Raseed app before every crypto deposit. Do not reuse an address from memory, a previous transaction, or saved records.

What Happens If You Send Crypto to an Old Wallet Address?

A crypto deposit sent to an old wallet address may not be credited to your Raseed account automatically.

If you accidentally send crypto to a previously used Raseed wallet address, the funds may not appear in your account immediately. Please contact Raseed Support and provide the transaction details so the team can verify whether the crypto assets can be recovered manually.

The initial verification process may take up to seven business days. However, recovery cannot be guaranteed, and it may not be possible to return or credit the transferred assets.

Information Required for a Recovery Review

If you send crypto to an old wallet address, contact Raseed Support and provide:

  • The transaction hash
  • The cryptocurrency and amount sent
  • The blockchain network used
  • The wallet address to which the crypto was sent
  • The date and approximate time of the transaction
  • Any relevant screenshots or transaction records

Providing complete and accurate information can help the support team review the transaction more efficiently. However, submitting a recovery request does not guarantee that the crypto assets can be recovered.

Frequently Asked Questions

Protect Your Crypto Deposits

Before confirming any crypto deposit, always verify the wallet address and blockchain network carefully. Crypto transactions generally cannot be reversed once confirmed on the blockchain.

Using an incorrect, outdated, or incompatible wallet address may result in delayed crediting or permanent loss of funds. Always copy your current deposit address directly from the Raseed app before every transaction.

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Raseed Invest Limited ("Raseed") registered in the Dubai International Financial Centre ("DIFC") and is regulated by the Dubai Financial Services Authority ("DFSA") to conduct financial services "Arranging Deals in Investments" with a 'Retail' endorsement. Raseed does not provide any trading or investment advice and shall not be responsible for any loss arising from any investment based on any general information provided by Raseed or as may be available on Raseed's website and other web-based services (collectively, the "Website Services"). Raseed does not warrant that the information is accurate, reliable or complete or that the supply will be without interruptions. Technology and services are offered by Raseed Invest Inc.