I'm trying to understand the concept of a wallet ID. Could someone please explain what it is and its purpose in simple terms? I'm new to this and need clarification.
6 answers
mia_harrison_painter
Fri Nov 29 2024
A Wallet ID serves as a distinctive numeral assigned to an individual wallet.
Caterina
Fri Nov 29 2024
Users can utilize this address to receive digital coins or tokens into their wallet.
Silvia
Fri Nov 29 2024
This ID is unique and helps in identifying the wallet among the millions present on the blockchain network.
Daniela
Fri Nov 29 2024
Importantly, the wallet owner possesses the authority to generate a new address whenever needed.
DondaejiDelightfulCharmingSmile
Fri Nov 29 2024
On the other hand, a wallet address is a sequence of characters that is randomly created.