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Which solution is better to use - segwit or native segwit for BTC transfer to Ledger?
Which solution is better to use for Ledger Nano X (segwit or native segwit) and which is supported / supported by individual cryptocurrency exchanges? I mean, for example, withdrawals from OKX, Kucoin or Binance.
Which solution is better to use for Ledger Nano X (segwit or native segwit) and which is supported / supported by individual cryptocurrency exchanges? I mean, for example, withdrawals from OKX, Kucoin or Binance.
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Native-SegWit…cheaper and more efficient. Binance supports it, and I don't know if kucoin
Native-SegWit…cheaper and more efficient. Binance supports it, and I don't know if kucoin
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When it comes to transferring BTC to Ledger Nano X, a better solution is native segwit (bech32), as it provides lower transaction fees and better scalability. However, segwit is also a good solution and is also supported by Ledger. As for support by individual cryptocurrency exchanges, most of them support both segwit and native segwit. However, it is worth checking on the websites of individual exchanges which exact addresses are supported for withdrawals. For example, OKX supports both segwit and native segwit, Kucoin also supports both types, and Binance officially supports transactions in bech32 format (native segwit).
When it comes to transferring BTC to Ledger Nano X, a better solution is native segwit (bech32), as it provides lower transaction fees and better scalability. However, segwit is also a good solution and is also supported by Ledger. As for support by individual cryptocurrency exchanges, most of them support both segwit and native segwit. However, it is worth checking on the websites of individual exchanges which exact addresses are supported for withdrawals. For example, OKX supports both segwit and native segwit, Kucoin also supports both types, and Binance officially supports transactions in bech32 format (native segwit).
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