What is a Wallet Address?
A wallet address is similar to a bank account number; it is a unique identifier that allows you to receive cryptocurrencies. Each type of cryptocurrency has its own wallet address, and sending funds to the wrong address can result in permanent loss of those funds.
Step-by-Step Guide to View Your Wallet Address
Method 1: From the Portfolio Tab
- On your Coins account, navigate to the Portfolio tab
- Click on Deposit
- Select Receive Crypto
- Choose your desired cryptocurrency (BTC, ETH, etc.)
- Select the appropriate network
- Your wallet address will be displayed with a QR code
Method 2: Quick Access via QR Icon
- On the Coins app Home tab, tap the QR icon in the upper right corner
- Click My Code on the lower left
- Click Receive *** on the top
- Select your preferred cryptocurrency
- Your wallet address and QR code will appear
Tips for Using Wallet Addresses
- Double-check the address: Always verify the complete address before sharing it
- Network compatibility: Ensure you're using the correct network for your transaction
- Share feature: Use the Share option to copy- paste your address, download or share through social media your QR codes
Frequently Asked Questions
Can I use the same wallet address for different cryptocurrencies?
No, you need different wallet addresses for different cryptocurrencies. Using the wrong address type may result to a cross-chain deposit which may lead to a permanent loss of your funds.
Why do I need different network options?
Some cryptocurrencies operate on multiple networks. Selecting the correct network ensures your transaction processes correctly and avoids potential losses.