Bitcoin Forum

Bitcoin => Bitcoin Technical Support => Topic started by: Symn on January 05, 2018, 10:03:12 AM

Title: importing priv keys to segwit supported wallet
Post by: Symn on January 05, 2018, 10:03:12 AM

Hi everyone,

Quick question: If I import my private keys from a wallet that does not support segwit into a segwit supported wallet, will I pay lower fees when transacting from the new segwit-supported wallet?

Title: Re: importing priv keys to segwit supported wallet
Post by: SopaXT on January 05, 2018, 10:52:43 AM

Your SegWit-supporting wallet can make a SegWit transaction afterwards, and the fee for that is going to be lower.

Title: Re: importing priv keys to segwit supported wallet
Post by: LoyceV on January 05, 2018, 11:34:10 AM

Quote from: Symn on January 05, 2018, 10:03:12 AM

Quick question: If I import my private keys from a wallet that does not support segwit into a segwit supported wallet, will I pay lower fees when transacting from the new segwit-supported wallet?

The fee doesn't depend on the wallet, the fee depends on the address. You'll have to actually move the funds to a SegWit-address before you can use lower fees.