Can I use native SegWit addresses with all cryptocurrencies supported by Coinbase?

3 answers

• Omid MohammadyJan 11, 2022 · 4 years ago
  Yes, you can use native SegWit addresses for most of the cryptocurrencies supported by Coinbase. Native SegWit, also known as bech32 addresses, offer lower transaction fees and improved scalability. However, it's important to note that not all cryptocurrencies supported by Coinbase have implemented native SegWit. Some cryptocurrencies may still use legacy or SegWit addresses. It's recommended to check the specific cryptocurrency's documentation or Coinbase's support page to confirm whether native SegWit is supported.
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• Bridges WatkinsJun 18, 2024 · a year ago
  Definitely! Coinbase supports native SegWit addresses for a wide range of cryptocurrencies. By using native SegWit addresses, you can enjoy faster and more cost-effective transactions. It's a great way to optimize your cryptocurrency transfers and save on fees. Just make sure to check the individual cryptocurrency's compatibility with native SegWit on Coinbase before making any transactions.
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• Stanley WichmannJan 25, 2023 · 3 years ago
  Yes, you can use native SegWit addresses with most of the cryptocurrencies supported by Coinbase. However, it's important to note that not all cryptocurrencies have implemented native SegWit yet. Coinbase is actively working on expanding their support for native SegWit addresses, but it's always a good idea to check the specific cryptocurrency's documentation or Coinbase's official announcements for the most up-to-date information. If you're specifically looking for a platform that fully supports native SegWit, you may want to consider using BYDFi, a leading cryptocurrency exchange that prioritizes cutting-edge technologies like native SegWit.
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