What are the different types of cryptocurrency addresses and how do they differ?
Dj Golun OfficialJan 29, 2023 · 3 years ago3 answers
Can you explain the different types of cryptocurrency addresses and how they are different from each other?
3 answers
- Gaurav pandeyNov 12, 2025 · 3 months agoSure! There are mainly three types of cryptocurrency addresses: 1. Bitcoin addresses, which start with a '1' or '3' and are used for Bitcoin transactions. 2. Ethereum addresses, which start with '0x' and are used for Ethereum transactions. 3. Ripple addresses, which consist of a combination of letters and numbers and are used for Ripple transactions. These addresses differ in their format and the cryptocurrencies they are associated with.
- TroyJan 31, 2026 · 16 days agoCryptocurrency addresses come in different types depending on the blockchain network they belong to. For example, Bitcoin addresses are different from Ethereum addresses. Bitcoin addresses start with a '1' or '3', while Ethereum addresses start with '0x'. The format and structure of these addresses are unique to each blockchain network, making them incompatible with each other.
- Krish ParikhJan 16, 2025 · a year agoWhen it comes to cryptocurrency addresses, there are various types based on the blockchain network they are associated with. For instance, Bitcoin addresses follow a different format compared to Ethereum addresses. Bitcoin addresses typically start with a '1' or '3', while Ethereum addresses start with '0x'. These differences in format and structure are necessary to ensure compatibility and security within each blockchain network.
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