- Glossary
- Wallet Address
Wallet Address
A wallet address is a digital address where crypto assets are stored or transferred.
A wallet address is a digital address where cryptocurrencies are stored or transferred, represented as a unique string of characters, allowing users to manage and transact their crypto assets. These addresses are used to identify a user s digital wallet and usually consist of alphanumeric characters. For example, wallet addresses for Bitcoin usually consist of a series of numbers and letters, while addresses for Ethereum usually start with 0x followed by an alphanumeric string. These addresses are used to identify the sender and receiver in cryptocurrency transactions, and it is important to enter the correct address when making a transaction because it may not be possible to recover crypto assets if an incorrect address is entered.