How can I convert a legacy bitcoin address to a segwit address?

3 answers

• Nov 25, 2021 · 3 years ago
  To convert a legacy bitcoin address to a segwit address, you can use a wallet that supports segwit addresses. Simply create a new segwit address in your wallet and transfer your funds from the legacy address to the new segwit address. This will allow you to take advantage of the lower transaction fees and increased scalability offered by segwit addresses.
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• Nov 25, 2021 · 3 years ago
  Converting a legacy bitcoin address to a segwit address is a straightforward process. You can use a wallet like Electrum, which has built-in support for segwit addresses. Simply open your Electrum wallet, go to the 'Receive' tab, and click on the 'New Address' button. Make sure to select the segwit address type. Once you have your new segwit address, you can transfer your funds from the legacy address to the segwit address.
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• Nov 25, 2021 · 3 years ago
  If you're using BYDFi, you can easily convert your legacy bitcoin address to a segwit address. Simply log in to your BYDFi account and go to the 'Wallet' section. Click on 'Generate New Address' and select the segwit address option. You can then transfer your funds from the legacy address to the new segwit address. It's a quick and convenient way to start using segwit addresses.
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