011. Wallet Address:

Is a unique string of alphanumeric characters that identifies a specific wallet and allows users to Receive cryptocurrencies and Send cryptocurrencies (by sharing the address with the sender) It is a shorter version of a private/public key.

Wallet addresses are typically long strings of letters and numbers,case-sensitive and specific to a particular blockchain or cryptocurrency

Types of wallet addresses:

1. Public address: Shared publicly to receive funds

2. Private address: Kept secret to send funds (not to be confused with private keys)

Things to keep note of when sharing a wallet address to perform a transaction;

1. Double-check wallet addresses before sending funds

2. Keep your private keys and private addresses secure

3. Make sure the Blockchain network (eg.: tronchain, BnB smartchain, bitcoin network, ripple network, Ethereum network, etc) to be used if tallying with the address or the sender or receiver

4. Choose a network the suites your risk appetite in terms of transaction fees, speed of processing, etc and then confirm the wallet address again.

5. QR Code: Many wallet addresses are also represented as QR codes, which can be scanned for easier and faster transactions. The QR code contains the wallet address and sometimes additional information like the amount to be transferred.

6. Address Formats: Different cryptocurrencies have different address formats. Here are a few examples:

(a). Bitcoin ($BTC ): Addresses can be P2PKH (Pay-to-PubKey-Hash) starting with '1', P2SH (Pay-to-Script-Hash) starting with '3', or Bech32 (SegWit) starting with 'bc1'.

(b). Ethereum ($ETH ): Addresses start with '0x' followed by 40 hexadecimal characters

(c). Ripple ($XRP ): Addresses start with 'r' and are usually 34 characters long.

NB.: A small mistake in a wallet address can result in lost funds, so be cautious! Be it a case (lower or upper) for single character can mess up everything. I recommend to always copy and paste addresses other than writing them per character.#Write2Earn! #BinanceTurns7 #BinanceTournament #SOFR_Spike