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 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”)
2. SegWit (address starts with the number “3”)
3. Bech32 (address starts with “bc1”)
Ethereum (ETH) and tokens on Ethereum
Ethereum and the tokens that are running on Ethereum starts with '0x'.
Addresses of XRP starts with r or R.
Please note that a Destination Tag may be required to find the correct address.
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'.
Please note that a Memo may be required to find the correct address.
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