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Cryptocurrency Address
HomeGlossary TermsCryptocurrency Address

Cryptocurrency Address

June 24, 2023BY Ubik Capital
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A cryptocurrency address is commonly a combination of alphanumeric characters that serves as a representation of a wallet, exchange, or other specific address within a blockchain system. It can also be represented in the form of a QR code or a more user-friendly format. Each wallet and exchange address is distinct, providing information about the sender’s and receiver’s locations within the blockchain network. Although blockchain addresses can be publicly examined using a blockchain explorer, they maintain a pseudonymous nature as they are not inherently linked to the real-world identities of their users.

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