To receive a Bitcoin transaction, there are really just two things you will require:
- The amount of bitcoin or BTC
- Your Bitcoin wallet address
A Bitcoin wallet address is a kind of account number, which is comprised of a unique 26-35 alphanumeric string looking like this:
1KkXU2kAWZ9EWp9S39vQ75Y1cVpANmcNuA
This address can also be a QR code containing the address and payment amount, which can be scanned on a mobile device for quick use.
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