What is the format used by NEAR for wallet addresses on Coinbase?

3 answers

• Apr 24, 2022 · 3 years ago
  Sure! NEAR, like many other cryptocurrencies, uses alphanumeric strings as wallet addresses on Coinbase. These addresses are typically a combination of letters and numbers, and they serve as a unique identifier for each NEAR wallet. It's important to note that wallet addresses are case-sensitive, so even a slight difference in capitalization can result in an invalid address. Additionally, NEAR wallet addresses on Coinbase are usually quite long, consisting of around 40 characters. This length helps ensure the uniqueness of each address and reduces the likelihood of collisions.
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• Apr 24, 2022 · 3 years ago
  NEAR wallet addresses on Coinbase follow a specific format known as the Base58 encoding. This format is commonly used in cryptocurrencies and is designed to be more human-readable and compact compared to other encoding formats. Base58 encoding excludes characters that are easily confused, such as '0', 'O', 'I', and 'l'. This helps prevent errors when manually transcribing or sharing wallet addresses. So, if you're dealing with NEAR wallet addresses on Coinbase, make sure to double-check the address format and avoid any potential mistakes.
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• Apr 24, 2022 · 3 years ago
  NEAR wallet addresses on Coinbase are formatted using the Base58 encoding, which is a popular choice among many cryptocurrencies. This encoding format ensures that the addresses are both human-readable and compact, making them easier to work with. However, it's worth mentioning that different cryptocurrencies may have slight variations in their address formats, so it's always a good idea to consult the specific documentation or support resources provided by the cryptocurrency or exchange you're using. For more information on NEAR wallet addresses, you can also check out the official NEAR documentation or reach out to their community for assistance.
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