A wallet address consists of a randomly generated string of numbers and letters. This address usually consists of 26 to 35 characters. Wallet addresses are required to send or receive crypto. Each coin has its own format. Below you can see an overview of the formats of the most traded coins:
Bitcoin (BTC)
Bitcoin addresses are 26-35 characters long, consisting of alphabetic and numeric characters, and either begin with “1”, “3”, or “bc1”.
Currently, there are three Bitcoin address formats in use:
1. Legacy (address starts with the number “1”)
Example:
193SNLidEhjVjSeBTTGXV9pKdctGQnTana
2. SegWit (address starts with the number “3”)
Example:
36yMdMDBa3Dpz9GsHG3T6fPL1VmXYEaiXX
3. Bech32 (address starts with “bc1”)
Example:
bc11qar0srrr7xfkvy5l643lydnw9re59gtzzwf5mdq
Ethereum (ETH) and tokens on Ethereum
Ethereum and the tokens that are running on Ethereum starts with '0x'.
Example:
0xabc294faf37880b77800ac9053919d788533c8bf
Ripple (XRP)
Addresses of XRP starts with r or R.
Example:
rD4sUVsaE9v6mFmSTS2ZHxMt7Q4PtG2PUN
Please note that a Destination Tag may be required to find the correct address.
Binance-Coin (BNB)
You can send BNB in several ways. At the moment LiteBit only supports the transactions on Binance Chain and not the transactions of BNB Chain (formerly Binance Smart Chain). The format that we support starts with 'bnb'.
Example:
bnb18n4h705wehxugjnpsu39vycry8yflxj04mgvw6
Please note that a Memo may be required to find the correct address.
Quickly go to:
How do I send cryptocurrency from an external wallet to my LiteBit wallet?
How do I send cryptocurrency from my LiteBit wallet to an external wallet?