Get started: What is a crypto address and why do I need one?

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A crypto address is a unique identifier, composed by a string of letters and numbers, that serves as a virtual location to where a cryptocurrency can be sent. You can see it as being your email address, but in the crypto ecosystem.

A crypto wallet, then, is composed of one or more addresses, each one compatible with a specific blockchain network such as Ethereum, Bitcoin, Polkadot and others. It is through those addresses that your wallet is findable and capable of operating transactions.

So, having a crypto address is fundamental to buy, hold and trade every cryptocurrency. And, without a wallet, you'd need to remember each address for each cryptocurrency you want to make use of. But by using Bitso as your wallet, all addresses are thoroughly set for you with ease, in a single place, and managed for you by the wallet itself, so you don't need to remember all of them to be part of the crypto ecosystem.


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