How do I know if a bitcoin address is a scam?

Before sending your bitcoin to an address, you can check to see if that address has been reported as one being used in a scam. Bitcoin Abuse is a popular website with a public database of bitcoin addresses used by hackers and criminals. You can look up a bitcoin address, report a scam address, and monitor addresses reported by others.

What is a bitcoin address?

In simple terms, a Bitcoin address is a public identifier for your Bitcoin wallet, acting as a virtual location where the cryptocurrency can be sent. When you create a Bitcoin wallet, you receive a public key and a private key. The private key proves you’re the owner of the wallet in question; the public key is used to receive funds.

Can I create a fake bitcoin address?

Bitcoin is the most popular cryptocurrency and many websites will require you a valid address to give you access. If you don't want to create a real Bitcoin address, you can generate a valid but fake address and use it to pass the validation step. You can generate over two different cryptocurrency address types.

What are the different types of bitcoin addresses?

There are three different types of Bitcoin address: Pay-to-PubKey-Hash (P2PKH, also known as Legacy address), Pay to script hash (P2SH) and Bech32. Not all wallets support all three address formats. P2PKH addresses are the original Bitcoin address format, and are also known as Legacy addresses. They start with the number 1, and are case-sensitive.