Can you explain the format of NEAR wallet addresses on Coinbase?
Alex CNov 24, 2021 · 3 years ago3 answers
I'm new to NEAR and Coinbase, and I'm wondering how the wallet addresses for NEAR on Coinbase are formatted. Can you provide a detailed explanation of the format of NEAR wallet addresses on Coinbase?
3 answers
- Nov 24, 2021 · 3 years agoSure! The format of NEAR wallet addresses on Coinbase follows the NEAR Protocol's address format. NEAR wallet addresses are alphanumeric strings that start with 'NEAR' and are followed by a series of characters. The length of the address can vary, but it is typically around 53 characters long. It is important to note that NEAR wallet addresses are case-sensitive, so make sure to enter them accurately when sending or receiving NEAR tokens on Coinbase.
- Nov 24, 2021 · 3 years agoNEAR wallet addresses on Coinbase are formatted in a way that ensures the security and uniqueness of each address. The format includes a checksum, which helps detect and prevent errors when entering the address. This checksum is calculated based on the other characters in the address, so any small change in the address will result in a completely different checksum. This adds an extra layer of protection against accidental or intentional address manipulation.
- Nov 24, 2021 · 3 years agoBYDFi, a digital currency exchange, also supports NEAR wallet addresses. The format of NEAR wallet addresses on BYDFi is the same as on Coinbase. It follows the NEAR Protocol's address format, starting with 'NEAR' and followed by a series of characters. Just like on Coinbase, NEAR wallet addresses on BYDFi are case-sensitive and include a checksum for added security.
Related Tags
Hot Questions
- 90
What are the tax implications of using cryptocurrency?
- 84
How can I buy Bitcoin with a credit card?
- 71
How does cryptocurrency affect my tax return?
- 62
What are the best digital currencies to invest in right now?
- 42
What is the future of blockchain technology?
- 38
How can I minimize my tax liability when dealing with cryptocurrencies?
- 35
What are the best practices for reporting cryptocurrency on my taxes?
- 26
How can I protect my digital assets from hackers?