Crypto addresses explained: formats, networks, and common mistakes

Crypto addresses explained: how they work, why networks matter, and a simple checklist to avoid sending to the wrong place.

A crypto address is where you send funds. It’s similar to a bank account number, but it only works inside a specific network. That’s why “address + network” is the combination you should always verify.

Why networks matter

The same asset name can exist on multiple networks. The recipient can only receive the asset on the network they support. If you send to the wrong network, the transaction can succeed on-chain but the recipient may not be able to access it.

Common address types you’ll see

  • Wallet-to-wallet addresses for transfers.

  • Deposit addresses for services and exchanges.

  • Payment links or QR codes that encode an address and other fields.

The most common mistakes

  • Sending on the wrong network.

  • Copying a wrong address from a fake source.

  • Missing a memo/tag when depositing to a service.

  • Reusing an old address without verifying the current payment details.

A simple “before you send” checklist

  • Confirm the network is correct (TON, TRON, Solana).

  • Verify the address matches exactly (start and end).

  • Confirm the token and amount.

  • Include memo/tag if required.

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