Wallet address

A wallet address is the destination of a crypto transfer. Formats differ by network: Tron addresses start with “T”, Ethereum and BNB Chain addresses with “0x”, Bitcoin addresses often with “bc1”, “1” or “3”. Two addresses can look alike and still belong to completely different networks.

Blockchain transfers can't be reversed by the sender. If you send to a wrong or mistyped address, there is usually nobody who can return the funds. Safe habits:

• copy and paste, never type an address by hand;
• check the first and last several characters after pasting, since some malware swaps clipboard contents;
• make sure the blockchain network matches;
• for a first transfer to a new address, consider a small test amount.

At Sky Trade every deposit gets its own address, exact amount and QR code, so always use the one shown for the current deposit. For withdrawals, the address format is checked against the network you pick, and a newly added withdrawal address is subject to a 24-hour hold. Some coins also need a memo or tag. See how to deposit and how withdrawals work.