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Topic: What is the difference between a bitcoin address and a bitcoin wallet? - page 2. (Read 325 times)

legendary
Activity: 3374
Merit: 1824
Isn't the address is same as wallet?

In short,  bitcoin address is like your bank account number.  
Wallet is like your bank name (they manage many bank accounts ). 😀😀
It's simplest explanation for new members I guess.
If you want to receive money in your bank account you just give your IBAN in EU or Swift code outside of EU.
In the same way,  if you want to receive btc funds you just give your btc address but of course don't share your private key.
newbie
Activity: 3
Merit: 0
Isn't the address is same as wallet?
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