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Public Address Meaning

A public address is a Digital Version of your Bank Account Number. It is a Unique String of Alphanumeric Characters that you Share with Others so they can Send you Cryptocurrency.

While anyone can see your Public Address and How Much Money is in it (on a public blockchain), they Cannot Withdraw any funds without your Private Key.Technically, a public address is a Hashed Version of your Public Key. For example, an Ethereum address starts with 0x..., while a Bitcoin address often starts with 1, 3, or bc1.

This Hashing makes the address Shorter and Easier to Read (though still complex) and adds an Extra Layer of Cryptographic Security between your Address and your Key.To make public addresses Human-Friendly, projects like ENS (Ethereum Name Service) or Unstoppable Domains allow you to Link your complex 0x... address to a Simple Name like yourname.eth.

This is the DNS for Crypto. Instead of Copy-pasting a long string of characters (and Risking a Mistake), you can just Tell someone your .eth name, making Crypto Payments as Easy as Sending an Email.The Main Security Rule of public addresses is: Double-check every character.

Because Blockchain Transactions are Irreversible, if you send 1 BTC to the Wrong Address (due to a Typo or a Malicious Clipboard Virus), that money is Gone Forever. Most Wallets now use Checksums to Detect Errors, but Personal Vigilance remains the Only Guarantee of Financial Safety in the Self-Custody World.

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Important Disclaimer:

Finery Markets BVI Limited (“Finery Markets”) provides software, technology infrastructure, and related Information and Communication Technology (ICT) services on a Software-as-a-Service (“SaaS”) basis. Finery Markets acts solely as a software vendor and does not operate a trading platform, does not intermediate, match, execute, clear, or settle transactions, and does not engage in any activities that would require regulatory authorisation under applicable laws.

Finery Markets’ software is non-custodial and is provided exclusively to licensed institutional entities that act as independent operators of their own environments. All counterparties are solely responsible for establishing and maintaining their own bilateral trading and settlement relationships. Finery Markets is not a party to any such arrangements and assumes no responsibility for the conduct, verification, or compliance obligations of any users of the software.

Nothing on this website shall be construed as a financial promotion, investment advice, or an offer to engage in regulated activities. Access to and use of the software is strictly limited to clients who have entered into a software licensing agreement with Finery Markets. Persons located in jurisdictions where such access is restricted should not rely on this website or any of its contents.

Additional notice to UK visitors: This website and associated communications are not intended to constitute a financial promotion under The Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (as amended) and related guidance. Access to services provided by Finery Markets is limited to regulated entities, professional clients and eligible counterparties as set out by the Financial Conduct Authority. UK users are not permitted to use this website for the services of Finery Markets if they don't fall within these categories.