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I understand that to create a bitcoin address, one has to have a private ECDSA key first.

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Different people use different Bitcoin wallets for different purposes.Blockchain / Crypto-Currency Portfolios and Discussion. info/address/1andreas3batLhQa2FawWjeyjCqyBzypd.They may be unsafe, untrustworthy, or illegal in your jurisdiction.

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When you register with NiceHash, you automatically receive a Bitcoin address that serves as your Bitcoin wallet.

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Similar to the way e-mail addresses work, a bitcoin address can be used to both send and receive data — or in this case, bitcoins.

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