btc wallet address and bch wallet address

There are the following differences between BTC and BCH wallet addresses: Prefix: BTC addresses start with 1 or 3, while BCH addresses start with Bitcoin Cash (BCH). Incompatibility: BTC and BCH addresses are incompatible, meaning funds cannot be transferred between different types of addresses.

BTC Wallet Address

A BTC (Bitcoin) wallet address is a string of letters and numbers used to receive and Send Bitcoin. It can be stored in different wallet types such as software wallets, hardware wallets, and mobile wallets.

Format of BTC wallet address:

• Starts with 1 or 3
• Length is 26-35 characters
• Contains uppercase and lowercase letters , numbers and some special characters

BCH wallet address

BCH (Bitcoin Cash) wallet address is similar to BTC wallet address, but they have different prefixes :

• Starts with Bitcoin Cash (BCH)
• Length is 34-42 characters
• Contains letters and numbers

Difference

The key difference is the prefix of the wallet address:

• BTC addresses start with 1 or 3
• BCH addresses start with Bitcoin Cash (BCH) Starting with

Compatibility

BTC and BCH addresses are not compatible. This means you cannot send BTC to a BCH address or vice versa. If you send funds to the wrong type of address, your funds may be lost.

Create Wallet

To create a BTC or BCH wallet, you can choose from various wallet providers. Choose a reputable provider and make sure to research its security measures. Once you create a wallet, you will be given a wallet address that you can use to receive and send funds.

The above is the detailed content of btc wallet address and bch wallet address. For more information, please follow other related articles on the PHP Chinese website!