A crypto address is a string of characters that represents a wallet that can send and receive cryptocurrency. It is akin to a real-life address, email or website. Every address is unique and denotes the location of a wallet on the blockchain.
Most blockchain addresses are difficult for humans to read, as they take the form of long random strings of letters and numbers. However, they are all unique, which poses no problems for computer networks.
Blockchain addresses are public and you can utilize a blockchain explorer to see the transactions in and out of an address. You can also see the amount of assets that the address has. The only exception are the privacy-based blockchains (eg. Monero and Grin).
Even though the addresses are public, most of the addresses are anonymous (or rather, pseudonymous) as the person owning the address does not usually have their real name associated with it. However, there are cases where addresses and the person or entity behind them is known: this is usually the case for exchanges and token project owners or founders.
Related Articles
Crypto Invoicing
Crypto invoicing allows you to create different itemized bills and invoices for the products or services you offer. It enables you to bill clients in crypto via email, without the hassle of switching between wallets and apps. As cryptocurrencies ...
Change Address
Just like with fiat money, when transacting in cryptocurrencies, users don’t always have the exact amount to send. This means that sometimes you send more funds than the transaction requires. In these cases, the remainder of your assets is returned ...
IP Address
Internet protocol (IP) address, a unique number much like your street address that uses commas and periods to identify a device accessing the internet. Your personal desktop, laptop, tablet, and smartphone each have a different IP address each time ...
Crypto Debit Card
A crypto debit card is a type of debit card that allows its holder to pay for goods and services using cryptocurrencies like Bitcoin (BTC), Litecoin (LTC) and Ethereum (ETH). Most crypto debit cards in use today are powered by Visa and MasterCard, ...
Direct Marketing
Marketing that is delivered directly to the customer via the company selling a product. It’s often called direct response marketing. It typically includes a call to action (CTA) requesting a desired response such as calling a phone number or visiting ...