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What is my Bitcoin ADDRESS? And where to find it [SOLVED]*2024

2 min read
So if you accidentally give someone your private key, they will not only be able to log into you wallet from any device, but they will also be able to send Bitcoin out of the wallet and empty it

What is my Bitcoin ADDRESS?

Your Bitcoin Wallet Address or public keyWhat is my Bitcoin ADDRESS? And where to find it [SOLVED]*2024 works like the bank account number. You give out your Bitcoin Wallet Address to receive bitcoin from another Bitcoin Address.

Your Bitcoin Wallet Address is long string of letters and number or QR code you give out to receive Bitcoin from another person. This is also called your PUBLIC KEYTo find your Bitcoin address in your cryptocurrency wallet; click on the Receive Bitcoin Button in your Bitcoin Wallet.

In this guide we will help you understand what is your Bitcoin address and where to find it.

What is my Bitcoin Address?

Your Bitcoin Address to is the long list of letters and numbers which you use to receive Bitcoin.

A BTC address is also called your public key.

It works the account number in your bank account.

Or the share link to you Dropbox folder.

While it sometimes appears as a long series of Alphabet and numbers, the public key can also display as a QR code in your wallet.

Where can I find my Bitcoin address?

Your BTC wallet address (a.k.a Public Key) appears when you click on the Receive Bitcoin in your Bitcoin Wallet.

On Crypto Exchanges

If you are attempting to withdraw Bitcoin from a crypto exchange.

Then then  BTC withdrawal address is going to be a different BTC address (receive address) from an external wallet such as Exodus.

For example, if you are buying crypto on a crypto exchange like Coinmama,

  1. FIRST you would need to create a secondary Bitcoin wallet in an external wallet
  2. And THEN send your crypto to that wallet.

So once you have created your second Bitcoin wallet, you simply copy the RECEIVE crypto address in the withdrawal section in the crypto exchange.

On Multi-Currency Wallets

In most cryptocurrency wallets, there is a send or receive option. Tap the receive Bitcoin to view your public key.

How do I use my public key to receive Bitcoin(BTC)?

If the person is in front of your simply show them your QR Code so they can scan it. Or copy paste the alpha-numericals and send it to them if they cannot scan it.

Then What Is My Private Key For?

Your private key What is my Bitcoin ADDRESS? And where to find it [SOLVED]*2024 is your Bitcoin Wallet and password. It is usually located in the security section of your Bitcoin wallet. Unlike your public key, it will be in 3 forms:

  1. A long string of alphabet and numbers
  2. A QR Code
  3. A Passphrase (usually 11 words)

Note: All these 3 mentioned above are the same except in a different form.

How to keep your Private Key Safe

  • Never ever give out your public key out because anybody who gets this, will not only be able to access your Bitcoin Wallet but also empty its contents.
  • Write your passphrase on a piece of paper and keep it in a safe place away from your wallet.
  • Always update your software before using it.

Here is what happens if you do not back up your wallet.

In 2017, a man accidentally threw his laptop which contain $127 million in Bitcoin.

Private Key vs Public key

The 2nd part of your of your Btc wallet is the private key.

Your Private Key works like your login and password in one large series of numbers and letters.

So if you accidentally give someone your private key, they will not only be able to log into you wallet from any device, but they will also be able to send Bitcoin out of the wallet and empty it.

Where can you find your Bitcoin private keys?

Cryptocurrency exchanges and crypto wallets do not provide individual btc private keys.
Simply, because it would be impractical to have so many different private keys.

On

How do I use my public key to receive Bitcoin(BTC)?

If the person is in front of your simply show them your QR Code so they can scan it. Or copy paste the alpha-numericals and send it to them if they cannot scan it.

What if you send bitcoin to the wrong address?

There are softwares dedicated just to creating public keys which have been around for years.

There is likely every possible wallet combination out there and therefore, your Bitcoin landed into one.

So, if you accidentally send Bitcoin to the wrong address , there is nothing much you can do, unless hire a specific team to attempt to the hack private key.

And this does not come cheap because it would require actually downloading the blockchain and “crawling” for it.

Also, it would not be ethical if the wallet already has an owner.

It would be like hacking into a person’s bank account to withdraw money which you sent.

Conclusion

Some cryptocurrency wallets are more intuitive that others. So if you feel disoriented with the one you are currently using then I would recommend simply getting another one. If you are just starting out, I would recommend simply getting another one

It is important to understand the difference between the Public Key and Private Key.

Giving someone your Public Key can potentially make you very rich.

However, accidentally giving your Private Key instead of your Public Key, could result in your losing all your Bitcoin.

Some cryptocurrency wallets are more intuitive that others. So if you feel disoriented with the one you are currently using then I would recommend simply getting another one.

P.S

Please feel free to write any questions in the comment section if I was not clear enough.

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