How to Identify CEX Exchange Wallets in Bulk

Knowing whether an address belongs to Binance, Coinbase, or an unknown party is one of the most common questions in on-chain analysis. Exchange wallets are the on/off ramps between crypto and traditional finance, which makes them central to compliance, investigation, and analytics.

The wallet types to distinguish

• Hot wallets — high-volume operational wallets, constant activity.
• Cold wallets — reserves, rarely move.
• Deposit addresses — unique per-user addresses that sweep into a central wallet.

Why it's hard to do yourself

The heuristics aren't exotic, but running them well at scale is a real project: full historical data per chain, address clustering, false-positive checks (a busy DeFi contract isn't a hot wallet), and constant maintenance as exchanges rotate infrastructure.

Why deposit addresses matter most

Deposit addresses are the single highest-value label in exchange attribution. There are millions of them, they're generated per user, and they sweep into a handful of central wallets — which is exactly why they're impossible to enumerate by hand but enormously useful once labeled. Knowing an address is 'Binance: deposit address' tells you funds are entering a named exchange under a specific user, which is the fact compliance and investigation teams actually need.

Getting the output directly

The labels API returns exchange entity + wallet type per address across major chains, so you hand over a list and get back which addresses are deposit addresses, which are hot wallets, and which exchange they belong to — as JSON or CSV. Start free, see the pricing, or send a big list through bulk export. Related: using wallet labels in investigations.