September 22, 2023
485
1 minutes of reading
Crypto address label
A custom description or label that a user can assign to their crypto address in order to more easily identify it or remember its purpose. This is a kind of “tag” or “name” that a user can attach to their address in a cryptocurrency wallet. The label helps make it easier to manage your transactions and funds by allowing the user to quickly determine what a particular address was used for. For example, a user can use labels to separate addresses by purpose, such as "personal expenses", "business transactions", "investments", etc.