What are the different types of BTC wallet addresses and which one should I use?

3 answers

• Sonika PrakashJan 17, 2023 · 3 years ago
  Sure! There are mainly two types of BTC wallet addresses: legacy addresses and SegWit addresses. Legacy addresses start with a '1' and are the original Bitcoin addresses. SegWit addresses start with a '3' and are an upgraded version that offers lower transaction fees and increased capacity. If you're just starting out, it's recommended to use SegWit addresses as they are more efficient and cost-effective.
  408

  204
• Tom KemptonDec 26, 2022 · 3 years ago
  Hey there! BTC wallet addresses can be a bit confusing, but don't worry, I got your back! The two main types are legacy addresses and SegWit addresses. Legacy addresses are like the OG Bitcoin addresses, starting with a '1'. SegWit addresses, on the other hand, start with a '3' and are the newer and cooler version. They offer lower fees and faster transactions. So, if you want to keep up with the latest trends, go for SegWit addresses!
  439

  147
• Prakash DarbarJul 03, 2021 · 5 years ago
  Well, when it comes to BTC wallet addresses, there are a few options to choose from. The most common ones are legacy addresses and SegWit addresses. Legacy addresses have been around since the beginning and start with a '1'. They work perfectly fine, but if you want to take advantage of some cool features like lower fees and faster confirmations, you might want to consider using SegWit addresses, which start with a '3'. It's always good to stay up-to-date with the latest advancements in the crypto world!
  509

  128