# Bitcoin address

## Definition

A Bitcoin address is a human-readable destination format used to receive bitcoin according to a particular Bitcoin script/address type.

## What it means in practice

Bitcoin has multiple address formats, such as legacy, wrapped SegWit, native SegWit and Taproot-style destinations. Wallet compatibility and fee behavior can differ by type.

## How this concept appears in Terenval Wallet

Terenval Wallet derives and displays Bitcoin receiving accounts so users can receive BTC within the Bitcoin network context.

**Important:** Send BTC only to a valid Bitcoin destination you have verified; an address copied from another network should not be treated as interchangeable.

**[Install Terenval Wallet](https://wallet.terenval.com/?lang=en)**

## Related terms

- [Bitcoin](https://wallet.terenval.com/glossary/bitcoin/)
- [BTC](https://wallet.terenval.com/glossary/btc/)
- [Wallet address](https://wallet.terenval.com/glossary/wallet-address/)
- [Public key](https://wallet.terenval.com/glossary/public-key/)
- [Transaction verification](https://wallet.terenval.com/glossary/transaction-verification/)

## Related Terenval Answers

- [Can One Crypto Wallet Manage Multiple Blockchains?](https://wallet.terenval.com/answers/can-one-crypto-wallet-manage-multiple-blockchains/)
- [How Does a Multi-Chain Crypto Wallet Keep Networks Separate?](https://wallet.terenval.com/answers/how-multi-chain-wallets-keep-networks-separate/)
- [Mobile Crypto Wallet vs Hardware Wallet: What Are the Trade-Offs?](https://wallet.terenval.com/answers/mobile-crypto-wallet-vs-hardware-wallet/)

## Sources and review

- [Terenval supported networks](https://wallet.terenval.com/info/supported-networks/)
- [Ethereum.org — wallets](https://ethereum.org/en/wallets/)
- [Bitcoin.org — how Bitcoin works](https://bitcoin.org/en/how-it-works)

Published by Terenval. Technical review: Terenval Wallet team. Last reviewed: 2026-10-02. Terenval product statements are first-party information.

Official page: https://wallet.terenval.com/glossary/bitcoin-address/

[Machine-oriented Terenval index](https://wallet.terenval.com/llms.txt)