Address
BeginnerA cryptocurrency address is a unique string of characters used to send and receive digital assets on a blockchain. It functions like a bank account number but without revealing personal information. Different blockchains have different address formats-Bitcoin addresses often start with '1', '3', or 'bc1', while Ethereum addresses begin with '0x'. Addresses are derived from public keys and are crucial for conducting secure blockchain transactions. It is important to double-check addresses when sending funds, as transactions cannot be reversed. QR codes are commonly used to simplify the process and reduce errors.
