What are Cryptocurrency Addresses?
It is good to view Cryptocurrency addresses like a bank account number in the “Crypto World”.
Every Cryptocurrency transaction is facilitated through movement between 2 separate addresses.
1. Sending Cryptocurrency to a recipient
You will need the address which the recipient wishes to receive at.
You will have to key in this address from the platform you wish to send your Cryptocurrency out from.
2. Receiving Cryptocurrency from a sender
You will have to provide the sender with the address which you wish to receive your Cryptocurrencies at.
The sender will have to key in this address from the platform which he/she is sending his/her Cryptocurrency from to transfer you the agreed amount.
If you wish to have a deeper understanding on addresses, you can refer here.
Figured it out? Start Trading Now!
If you require further information do not hesitate to contact us at hello@coinhako.com or stay tuned to our Blog for the latest updates.
Comments
0 comments
Article is closed for comments.