Bitcoin receiving account is generally a Bitcoin wallet address.
The bitcoin address is like a physical address or email address. This is the only information you need to provide when others pay you Bitcoin. However, an important difference is that each address should be used only for single transactions.
The equivalent of the Bitcoin Wallet is roughly physical wallet in the Bitcoin network. The wallet actually contains your private key, which allows you to consume Bitcoin assigned to the wallet in the blockchain. Like a real wallet, each Bitcoin wallet can show the total balance of all Bitcoin it controlled by it, and allows you to pay a certain amount of Bitcoin to someone. This is different from the credit card of the merchant deduction.
Bitcoin receiving account is generally a Bitcoin wallet address.
The bitcoin address is like a physical address or email address. This is the only information you need to provide when others pay you Bitcoin. However, an important difference is that each address should be used only for single transactions.
The equivalent of the Bitcoin Wallet is roughly physical wallet in the Bitcoin network. The wallet actually contains your private key, which allows you to consume Bitcoin assigned to the wallet in the blockchain. Like a real wallet, each Bitcoin wallet can show the total balance of all Bitcoin it controlled by it, and allows you to pay a certain amount of Bitcoin to someone. This is different from the credit card of the merchant deduction.