Know what is Wallet Address in simple words for Crypto beginners

A unique string of characters that represents a wallet used to send or receive funds on the blockchain.

similarly to the way fiat currencies can often be sent to bank accounts.

For instance, in the case of Bitcoin, an address might look like this: 1A1zP1eP5QGefi2DMPTfTL5SLmv7DivfNa.

Transactions conducted on the blockchain can be monitored and traced by utilizing these wallet addresses.

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