Litecoin is one of the first open-source altcoins based on the original Bitcoin code. It was initially a strong competitor to the first cryptocurrency. However, as the cryptocurrency market expanded, Litecoin’s popularity gradually declined.
Where to find your Bitcoin address?
This term is called a unique number, which is used to send and receive BTC. Just like e-mail, you specify a bitcoin address for those who want to send you cryptocurrency. It is also called a bitcoin identifier. This is a combination of 27-34 letters of different cases, as well as numbers. The number 1 or 3 is always at the beginning, and the symbols o, O, I are an exception – they will never be found in the code. Some users use a more convenient and concise QR code instead of such a long string of characters. The main feature of a bitcoin address is its complete anonymity; it is not possible to identify the owner of the account.
If you want to get a 100% security guarantee, the cryptocurrency holder can create several addresses. Each new operation generates a new code.
An important point: when transferring bitcoins, it is better not to register the address, but to copy it, since you can easily make a mistake .In this case, the payment may come to another addressee or even freeze.
To get an address, you need to create a bitcoin wallet and generate a code using your passkey. At the same time, fraudsters have no way to somehow find out or crack the key number.
If you want to know your personal bitcoin address, take a look at your wallet manual. It is usually located in the settings section or displayed after selecting the “Top up” button.
Does the address mean the same as the wallet? No, the address is public and only allows you to send bitcoins, while the wallet contains a “bunch” of digital hidden keys, each of which has its own address attached to it.
