17 April 2022 2:46

How to choose which bitcoin address you pay with

What bitcoin address do I use?

Your address will be the long string of numbers and letters directly below the QR code for that address. If the person/company is sending you BCH then select one of your Bitcoin Cash (BCH) wallets. If they are to send you BTC, please make sure you provide them with an address from your Bitcoin (BTC) wallet.

Can you choose your bitcoin address?

You don’t have to be vain to want a vanity address. A bitcoin vanity address is the crypto equivalent of a personalized license plate, with a portion of its 26-35 alphanumeric characters closely mirroring the name of the wallet’s owner.

How do I pay with bitcoin address?

QR codes make it easy to pay from a bitcoin wallet app on your smartphone (including the Coinbase app for Android or iOS). Simply scan the QR code and it will pre-fill the recipient bitcoin address and the requested payment amount. Once you send the transaction, the payment is complete.

How do I select a Bitcoin wallet?

To select a reliable Bitcoin wallet, one should judge it based on the following criteria:

  1. Hot/Cold Wallet: Whether a wallet is a hot(Online storage) or cold(offline storage).
  2. Control private keys: A wallet where you own and control your keys.
  3. Backup & security features: Here, you can seed backup keys and pin codes.

What should a Bitcoin address look like?

A correct BTC address looks like a string of 26 – 34 letters and numbers. It always starts with 1, 3 or bc1 prefix.

Which Bitcoin address starts with 2?

P2PKH (Pay 2 Public Key Hash) which begin with the number 1. P2SH (Pay 2 Script Hash) type starting with the number 3. Bech32 type starting with bc1. Taproot type sarting with bc1p.
Full list of Bitcoin address prefixes.

Example use Leading symbol(s) Example
Testnet BIP32 private key tprv tprv8ZgxMBicQKsPcsbC

Can I change my Bitcoin address on Coinbase?

If you’re concerned about privacy, rest assured that Coinbase generates a new address for you each time you receive or send funds, so third-parties can not easily track your future transactions. Also, you can generate a new address for your Coinbase wallet at any time here.