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Author Topic: Non Segwit cost from Segwit wallet  (Read 121 times)
limopc (OP)
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December 26, 2017, 12:02:15 PM
 #1

Hi,

Sorry if this has been answered before... but I couldn’t find the answer, all was about possibility of sending from Segwit to non Segwit address, or the transaction fees or speed of both.

My question is, I just installed bitWallet, which I assume supports both Segwit and non Segwit. I have my BTC in Bread which is a non Segwit, so all my addresses start with “1”, non Segwit.

If I created a new Segwit wallet in bitWallet, and restored with my 12 word seed phrase (from Bread wallet), would it go in the new wallet as a Segwit or non Segwit address, in both cases when I send BTC from the new bitWallet to any other BTC address whether Segwit or non Segwit, would I benefit from the speed and cost of Segwit?

I hope I made my question clear, and hope to get an answer.

By the way, what is the average, normal, or mostly... transaction fee in USD (given the current price roughly) and speed of transaction?

Thank you.
limopc (OP)
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December 26, 2017, 11:08:50 PM
 #2

Any ideas?

What would it cost to send from a no Segwit address from a Segwit wallet? The same high fees or Segwit fees?
limopc (OP)
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December 27, 2017, 02:12:51 AM
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Any ideas?

What would it cost to send from a no Segwit address from a Segwit wallet? The same high fees or Segwit fees?
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