What is a wallet address?

A wallet address is a string of alphanumeric characters that represents your digital wallet. It is similar to a bank account number or an email address – it serves as a destination for sending and receiving transactions in the crypto space. It’s important to note that wallet addresses are specific to each cryptocurrency.

How do I get a cryptocurrency wallet address?

Look for a “Receive” or “Receive Funds” option within the wallet interface and click on it. Your wallet address for the specific cryptocurrency should now be displayed on the screen. It is a long string of alphanumeric characters, similar to the format of wallet addresses in other types of wallets.

Is GDAX a good cryptocurrency exchange?

One of the most disappointing aspects of using GDAX is that the number of coins available to buy, sell and trade is really limited. In fact, at the time of writing in July 2018, the exchange only supports four cryptocurrencies. These are Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC) and Bitcoin Cash (BCH), which is the same as Coinbase.

Does GDAX charge a fee?

If you are located in Europe, you will need to use SEPA. GDAX does not charge a fee for this, which is great! The GDAX withdrawal fee for SEPA is only €0.15! If you are located in the U.S., you can deposit using a U.S bank account, which will cost 1.49% of the total transaction. The GDAX withdrawal fee when using a U.S. bank account is also 1.49%.