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Author Topic: Exchange that offer depositing bitcoin from segwit address?  (Read 187 times)
DVlog (OP)
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October 11, 2023, 12:05:08 PM
 #21

Do you know any exchange that accept deposit from bitcoins native segwit address beside binance, coinbase, gemini, okex and kucoin? I tried to find one but most of them support deposit only from bitcoin legacy address.

Maybe we should assumed this as something of the past before the introduction of the SegWit Address, but now that it's no more a story and everyone is aware of such, i don't think there are exchanges as before that does not support SegWit, most people are also using these same address as long as it's widely accepted by the bitcoin community at large everywhere all over the world, any exchages that does not support SegWit is still operating under old century.

I guess you don't use centralized exchanges much. Otherwise you wouldn't make such a statement. I have tried to find segwit deposit exchange in most of the top tire exchanges. Only a few exchanges that i found supported the Segwit deposit mentioned in the OP. However i can see that the Segwit address has been used mostly for small transactions to save gas fees. Making $100 worth of transactions by spending $5 in fees is not cost efficient.

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October 11, 2023, 12:12:50 PM
 #22

If you are looking for an exchange free from KYC and support with BTC segwit deposit seems difficult because all exchange are required with KYC and better use personal wallet like Trustwallet if you want get segwit btc address without need KYC.
Not all exchanges require KYC and you can deposit Bitcoins into decentralized exchanges that support SegWit transactions. Having said that, trust wallet is not a good wallet to use for Bitcoin, they generate only one receiving address for you and that's terrible for privacy, recommended wallets like electrum generates only native segwit addresses and you can generate as many addresses as possible, so why use a closed source wallet like trust wallet that isn't good for privacy.

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