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What is Wallet Address?
What is Wallet Address?

Definition of Wallet Address

Updated over a week ago

A wallet address is a unique string of characters that identifies a cryptocurrency wallet. It is used to send and receive cryptocurrency. Wallet addresses are typically 26 to 35 alphanumeric characters long.

Wallet addresses are generated using a cryptographic algorithm. This algorithm ensures that wallet addresses are unique and cannot be easily guessed. Wallet addresses are also case-sensitive, so it is important to enter them correctly.

When sending cryptocurrency, you must enter the recipient's wallet address. If you enter the wrong wallet address, the cryptocurrency will be lost forever.

It is important to keep your wallet address safe. Do not share it with anyone. If you lose your wallet address, you will not be able to access your cryptocurrency.

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