Is it possible to deposit funds into a locked Bitcoin wallet?

3 answers

• Dec 27, 2021 · 3 years ago
  Yes, it is possible to receive Bitcoin transactions even if your wallet is locked. When someone sends Bitcoin to your wallet address, the transaction will be recorded on the blockchain, and the funds will be associated with your wallet. However, you won't be able to access these funds until you unlock your wallet using the correct passphrase or private key.
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• Dec 27, 2021 · 3 years ago
  Absolutely! Your locked Bitcoin wallet can still receive funds. The locking mechanism only prevents unauthorized access to your wallet, but it doesn't affect the ability to receive transactions. Once you unlock your wallet, you'll be able to access the funds that were deposited while it was locked.
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• Dec 27, 2021 · 3 years ago
  Yes, you can still receive Bitcoin transactions into a locked wallet. The locked status of your wallet only affects the ability to spend the funds, not receive them. Once you unlock your wallet, you'll be able to access the funds that were deposited while it was locked. If you're using BYDFi, you can easily unlock your wallet through the platform's user-friendly interface.
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