A wallet address is a unique string of characters used to identify a user’s cryptocurrency wallet. It acts like an account number, allowing users to send and receive digital currencies such as Bitcoin, Ethereum, and others.Typically, a wallet address is alphanumeric and can range in length, usually around 26 to 35 characters. Each address is associated with a specific blockchain and corresponds to a public key generated from a private key. This setup ensures that only the wallet holder can access their funds.When someone wants to send cryptocurrency, they need the recipient’s wallet address. It’s essential to ensure the address is correct because transactions are irreversible; sending funds to the wrong address can result in permanent loss.In addition to individual transactions, wallet addresses can also help enhance privacy. Users can generate new addresses for different transactions, making it harder to trace a user’s entire transaction history. Overall, wallet addresses are crucial for securely handling digital assets.