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The KEY Difference Between A Seed Phrase And Private KeyWhat are public keys, private keys and wallet addresses? � A wallet address is a randomly generated set of numbers and letters � This set usually consists of Your wallet address is the unique identity of your wallet that's used to send and receive cryptocurrency. Each currency has its own logic, but generally. A wallet address is a reference that identifies your blockchain account. Sometimes it is also called a public wallet address. With a wallet address, you can.