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Homeweb3.0What Binance wallet addresses have in common

What Binance wallet addresses have in common

Apr 09, 2024 pm 05:09 PM
BlockchaincryptocurrencyBinance

Binance wallet addresses start with "bnb" and are 44 characters long, including uppercase and lowercase letters, and are not case sensitive. It consists of a prefix ("bnb" followed by 7 characters) and a suffix (36 unique characters), using a Beycek sum checksum to ensure accuracy. Addresses support multiple cryptocurrencies, and each address is unique and non-repeatable.

What Binance wallet addresses have in common

What Binance wallet addresses have in common

A Binance wallet address is a unique identifier used in the Binance zone Send and receive cryptocurrencies on the blockchain. All Binance wallet addresses have the following in common:

1. Start with "bnb"

All Binance wallet addresses start with "bnb", which indicates They are part of the Binance blockchain.

2. Length is 44 characters

The Binance wallet address consists of 44 characters, including letters and numbers.

3. Contain uppercase and lowercase letters

The Binance wallet address contains both uppercase and lowercase letters.

4. Case Insensitive

Binance Blockchain is not case sensitive, so uppercase and lowercase letters in an address will not affect its validity.

5. Divided into two parts

The Binance wallet address is divided into two parts:

  • prefix (8 characters ): The 8 characters starting with "bnb" identify the wallet as belonging to the Binance blockchain.
  • Suffix (36 characters): The remaining 36 characters are the unique identifier of the wallet.

6. Use Beček algorithm and checksum

Binance wallet address uses Beček algorithm and checksum to ensure its accuracy and safety. It can be verified by removing the last character of the suffix, doing a Beuchek calculation on the remaining characters, and then comparing it to the last character.

7. Supports multiple cryptocurrencies

Binance wallet addresses can store and process multiple cryptocurrencies, including BNB, BTC, ETH, and more.

8. Unique and non-repeatable

Each Binance wallet address is unique and cannot be reused. This ensures the security and privacy of user funds.

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