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What is a Bitcoin address?

What is bitcoin address? Is it the same with blockchain address? How about deposit address? This article will explain all you need to know about these terms.

A bitcoin address, or BTC address, is similar to an email address - it is used to receive and send funds on the bitcoin network (like you use your email address to send and receive messages) and represents a destination for a bitcoin payment.

Each Bitcoin address contains a string of 26-35 alphanumeric characters, but can also be shown as a scannable QR code. All bitcoin addresses begin with either 1 or 3. At Wirex, all generated addresses start with the number 3, referring to the multi-signature technology that is used for all our wallets. Feel free to read more about bitcoin addresses and multi-signature technology in Bitcoin Wiki.

You can get your Wirex BTC address by navigating to the Bitcoin Account section in your Wirex account.

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