Bitcoin address types

Bitcoin address types

There are three bitcoin address formats currently in use:

  1. P2PKH addresses start  with the number 1.
    Example: 1BvBMSEYstWetqTFn5Au4m4GFg7xJaNVN2.
  2. P2SH addresses start with the number 3.
    Example: 3J98t1WpEZ73CNmQviecrnyiWrnqRhWNLy.
  3. Bech32 addresses also known as "bc1 addresses" start with bc1.
    Example: bc1qar0srrr7xfkvy5l643lydnw9re59gtzzwf5mdq. 
  4. QR Codes can also be used as a wallet address.

Noones allows withdrawals to P2PKH, P2SH, and Bech32 addresses.

 

    • Related Articles

    • Wallet address

      A cryptocurrency wallet address is a combination of letters and numbers specific to a particular cryptocurrency, such as Bitcoin (BTC), Ethereum (ETH), Tether (USDT), or USD Coin (USDC). This address serves as your unique identifier for receiving and ...
    • Bitcoin (BTC)

      Bitcoin is a digital currency in which encryption methods are used to regulate the generation of units and transfer of funds, operating independently of a central bank.
    • Public address

      A public bitcoin address is a cryptographic hash of a public key. A public address typically starts with the number “1.” Think of a public address like an email address. It can be published anywhere and bitcoin can be sent to it, just like an email ...
    • Transaction

      A transaction is an entry in the blockchain that describes a transfer of Bitcoin from one address to another. A transaction occurs when data is sent to and from one Bitcoin address to another. Just like when you send money from one person to another ...
    • Mining

      Mining is the process of using computer hardware to do mathematical calculations to confirm transactions on the Bitcoin network.