Bitcoin address types

There are three bitcoin address formats currently in use:

  1. P2PKH addresses start  with the number 1.
    Example: 1BvBMSEYstWetqTFn5Au4m4GFg7xJaNVN2.
  2. P2SH addresses start with the number 3.
    Example: 3J98t1WpEZ73CNmQviecrnyiWrnqRhWNLy.
  3. Bech32 addresses also known as "bc1 addresses" start with bc1.
    Example: bc1qar0srrr7xfkvy5l643lydnw9re59gtzzwf5mdq. 
  4. QR Codes can also be used as a wallet address.

Paxful allows withdrawals to P2PKH, P2SH, and Bech32 addresses.

 

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