Welcome to the world of Bitcoin and Ethereum! The popular Electroma wallet, which is an excellent digital property management tool, is likely to be taken and installed. However, you may have noticed that it generates more directions to the electrical when creating a new wallet.
In this article, we will explore what these addresses are used for and how you can use them to send Bitcoin (BTC) from your Electric Wallet.
Understanding Electrom addresses
Electrom uses a format called “hexadecimal address” or “public keys” to present a bitcoin address. These addresses consist of 34 characters, usually in m/0 '/0/c format.
M: The main part of the address, which represents the type of network (for example,1 for Bitcoin Mainnet).
/0': a cut that follows the number indicating an account ID.
'0'A': Another avant tape, and then one meeting that cites the balance in the account.
/C: Advance, then another cut, followed by one sign that represents the type of property (for example, B B for Bitcoin).
What address is used to send BTC?
When you want to send Bitcoin out of your Electric Wallet, you must use an address that matches one of the following formats:
M/0 '/0/C: For Bitcoin Mainnet
+ Example: 1A1D7F6E4DF3D0785B9B2DA7C8AC656CE67CD34FE (Replace yourself with your actual electron address)
M/0': For Bitcoin in cash (BCH) or other alternative chains
+ Example: 1H1D7F6E4DF3D0785B9B2DA7C8AC656CE6CE67CD34FE (Replace yourself with your actual electron address)
Select the right address
To make sure you can send Bitcoin, be sure to use an address that matches one of the previous formats. If you are not sure what format uses or needs assistance to generate a new address, see your electron or online resource configuration.
Sent BTC: Step by Step Guide
Open Electr and Select “File”> “New Calcoth”
Follow the screen instructions to create a new wallet
After the wallet is created, several directions will be presented
Choose an address that corresponds to one of the previous formats
Copy and press the address in the recipient’s Electrical window
Following these steps, you can use your electric wallet to send bitcoin from one address to the other. Remember that always check the address and make sure it is a legitimate recipient before any transaction.
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