What is an address?

An address in Binance(or other crypto platform) refers to a crypto wallet address, which is a unique string of characters that designates the location of a specific wallet on the blockchain. This address functions similarly to an email address, allowing users to send or receive cryptocurrencies securely without exposing the underlying private keys. Each cryptocurrency and blockchain network (such as Bitcoin, Ethereum, or TRON) has its own address format, so it is essential to select the correct network when depositing or withdrawing funds.