Bitcoin address types

Modified on Wed, 16 Aug 2023 at 06:36 PM

There are three Bitcoin address formats currently in use:

  • P2PKH addresses start with the number 1.
    Example: 1BvBMSEYstWetqTFn5Au4m4GFg7xJaNVN2.

  • P2SH addresses start with the number 3.
    Example: 3J98t1WpEZ73CNmQviecrnyiWrnqRhWNLy.

  • Bech32 addresses, also known as "bc1 addresses," start with bc1.
    Example: bc1qar0srrr7xfkvy5l643lydnw9re59gtzzwf5mdq. 

  • QR Codes can also be used as wallet addresses.

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

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