What is a blockchain address?

A blockchain address is similar to an email address: it is used to receive and send funds on the blockchain network (like you use your email address to send and receive messages) and represents a destination for a cryptocurrency payment.

Each blockchain address contains a string of alphanumeric characters, but can also be shown as a scannable QR code. These addresses may have specific identifiers depending on the type of cryptocurrency. All bitcoin addresses, for example 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.

You can find your Wirex blockchain address when viewing your cryptocurrency account details in the Wirex app. 

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