A Bitcoin Wallet address is similar to a bank account number. It’s a unique 26-35 digit combination of letters and numbers and it looks something like this: 1NjFdBos1nZe2179QHiE4bvSsD7VtYbA5n
You can share your Bitcoin Wallet address with others. With this, they will be able to send you Bitcoin.
Your Bitcoin Wallet address can also be represented as a QR code. If somebody wishes to send your Bitcoin, they can scan the code using their Bitcoin Wallet and send Bitcoin to your wallet:

The Types of Wallets

There are several types of wallets you can use including online, offline, mobile, hardware, desktop, and paper.
Each “type” refers to what type of medium the wallet is stored on, who is in control of the wallet, and whether or not the data is stored online.
Some wallets offer more than one method of accessing the wallet – for instance; Bitcoin.com’s wallet is both a desktop application and a mobile app.
Also, most wallets fit more than one category below. For example Bitcoin Core is a full node coin-specific desktop wallet.
Here is a quick breakdown of the different types of cryptocurrency wallets:
Full Node Wallet: A wallet where you control your private keys and host a full copy of the blockchain. Essentially every coin has an official wallet of this type and that can be found on the official GitHub of the site (there is often a link on the official website). NOTE: “Official” in this sense means “put out by or endorsed by the developers who created the coin.” Many cryptos are decentralized, so there is no real official anything.
Custodial Wallet: Some wallets let you control your private keys, some are custodial (you don’t control your keys directly). Most exchange wallets are custodial wallets.
Desktop Wallet: The most common type of wallet. Typically an app that connects directly to a coin’s client.
Mobile Wallet: A wallet that is run from a smartphone app.
Online Wallet: An online wallet is a web-based wallet. You don’t download an app, but rather data is hosted on a real or virtual server.  Some online wallets are hybrid wallets allowing encryption of private data before being sent to the online server.
Software Wallet: Any wallet that is software-based is a software wallet.
Hardware Wallet: Dedicated hardware that is specifically built to hold cryptocurrency and keep it secure. This includes USB devices. These devices can go online to make transactions and get data and then can be taken offline for transportation and security.
Paper Wallet: You can print out a QR code for both a public and private key. This allows you to both send and receive digital currency using a paper wallet. With this option, you can completely avoid storing digital data about your currency by using a paper wallet.
Coin-specific: A wallet that only works with a specific coin.
Network-specific: A wallet that can hold multiple tokens on a single network.

Universal / multi-asset / multi-coin: A wallet that can hold addresses from multiple coins. Please note that just because a wallet is “universal” doesn’t mean it literally holds every crypto asset. From exchanges to the best multi-asset wallet out there, I don’t know of any product that holds literally every crypto.

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