Address
Definition
In the crypto market, an address is the unique identifier of the digital wallet where a user stores their crypto assets, which allows crypto transfers to be sent and received.
They are unique strings of characters, or codes that users use in the crypto market to identify where they store their digital assets. A wallet address is used by users to receive, send or store cryptocurrencies. These addresses are typically generated automatically when a crypto wallet is created and are used to identify where a person's crypto assets are stored. Wallet addresses are shared with other users or trading platforms when they want to receive or send their assets, ensuring the traceability of transactions on the blockchain and ensuring the correct routing of crypto assets.
This entry is part of the JrKripto crypto glossary. We explain key terms and concepts to help investors and traders understand the cryptocurrency market. Clear definitions support better decision-making and risk management.
Browse the full JrKripto glossary for more definitions on trading, DeFi, blockchain, and market analysis. Each term includes a short definition and extended explanation to support your research.
The JrKripto crypto glossary explains important terms and concepts so investors can understand the market better. Clear definitions support decision-making and risk management. Each entry has a short definition and, where useful, an extended explanation for quick reference or deeper reading.
The glossary covers a wide range of topics from trading and DeFi terms to blockchain infrastructure and market indicators. You can find terms via search or the term list. Use the related terms section to discover related concepts.
