Exchange that offer depositing bitcoin from segwit address?

[DVlog]

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. I sometimes use binance but from the past few days having trouble to log into the platform and i don't want to use any from other 4. So if you are using any exchange that provide decent service and support native segwit deposit drop a comment.

[Upgrade00]

Are you limiting your search to CEX or you are also looking for decentralized exchanges?

[Zaguru12]

There is bitMax, Kraken and Bitstamp. But I don’t get why you can’t use the four exchanges because they are the most popular ones around and would be better than others.

You can look at this link for others https://bitcoinops.org/en/compatibility/

[DVlog]

Are you limiting your search to CEX or you are also looking for decentralized exchanges?

I am looking for CEX actually. Though i do not like them nor hold any funds there but sometimes i need to use them.

There is bitMax, Kraken and Bitstamp. But I don’t get why you can’t use the four exchanges because they are the most popular ones around and would be better than others.

You can look at this link for others https://bitcoinops.org/en/compatibility/

I am not sure about bitmax or bitstamp but kraken doesn't support deposit for segwit address. I looked at it before and bitstamp is not available in my region. By the way thanks for the link. I think I need to look for any dex that supports P2P transactions for that network.

[Charles-Tim]

If it is deposit from segwit address that you are referring to, Bybit and many other exchanges are also supporting that. But most of the exchanges, including Bybit, do not have segwit address. Huobi global (now called HTX) also received deposit from segwit address. Since segwit was created since 2017, people should not use any exchange that do not accept payment from segwit address.

[Oneandpure]

I used my local exchange for depositing bitcoin using segwit address, based on fourth exchange have mention by OP from Kucoin, Binance, Okex and Gemini I am not see with the other exchange with support segwit address for bitcoin deposit fund. Current with my checking seem Crypto.com as bigger exchange market support with segwit btc address fund deposit, you can check detail there because I read few announcement only from that exchange without check right or not about their exchange have been support with BTC segwit where addresses start with bc1. 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.

[Myleschetty]

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. I sometimes use binance but from the past few days having trouble to log into the platform and i don't want to use any from other 4. So if you are using any exchange that provide decent service and support native segwit deposit drop a comment.

If you're an enthusiast of no-KYC exchange or anonymous exchange, you can use the Crypton Exchange since it supports the Bech wallet. The exchange also supported multi-wallet which will allow you no to re-use a single wallet address and the same thing goes for their USDT (trc2.0) wallet address.
You can also try Coinsbit.io, they have option for Bech and legacy address.

[Odohu]

people should not use any exchange that do not accept payment from segwit address.

Is there any particular reason you are saying people should not use exchanges that do not accept payment from segwit address? Is segwit a new form of verifying the unthenticity of an exchange? I will love to know how and why you arrive at that statement...

[Charles-Tim]

Is there any particular reason you are saying people should not use exchanges that do not accept payment from segwit address? Is segwit a new form of verifying the unthenticity of an exchange? I will love to know how and why you arrive at that statement...

Because the exchanges are lazy or do not have developers that are competent enough to make their exchanges to support segwit addresses. Segwit was implemented in 2017. That was six years ago. It will not be a surprise if such exchange is hacked. Most exchanges allow segwit transactions.

[letteredhub]

What I can advise is that any recommendations you later get from any member(s)  they may serve your need make sure to spend time reading their terms and conditions of deposit and withdrawal before going on ahead to make use don't be in a hurry because the exchange support SegWit Address see we don't get to read a topic about how you couldn't withdraw you funds from a recommended  exchange probably because you didn't follow their T/Cs, and just an additional tip try to stick to a decentralized exchange.

[jrrsparkles]

Is there any particular reason you are saying people should not use exchanges that do not accept payment from segwit address? Is segwit a new form of verifying the unthenticity of an exchange? I will love to know how and why you arrive at that statement...

Because the exchanges are lazy or do not have developers that are competent enough to make their exchanges to support segwit addresses. Segwit was implemented in 2017. That was six years ago. It will not be a surprise if such exchange is hacked. Most exchanges allow segwit transactions.

After this thread I wonder, is there is any exchange still yet to implement segwit for BTC deposits?

AFAIK, most exchanges adopted segwit because it can save a huge amount in fees with their withdrawal and it is one of the places exchanges make part of their revenue from its users. So, yes the exchange doesn't support Segwit and should not be preferred because if they are such lazy to implement this basic upgrade then their security system should be a big question.

[Woodie]

I am looking for CEX actually. Though i do not like them nor hold any funds there but sometimes i need to use them.

Hope you are ready for some KYC 
Anyway, If this is your preference, I would suggest going for the top names of CeXs that you already mentioned or better yet use CMC exchange rankings >>>> https://coinmarketcap.com/rankings/exchanges.

Out of curiosity what's the catch here, arbitrage trading or p2p and trying to find a good source for cheaper coins??

[Odohu]

Is there any particular reason you are saying people should not use exchanges that do not accept payment from segwit address? Is segwit a new form of verifying the unthenticity of an exchange? I will love to know how and why you arrive at that statement...

Because the exchanges are lazy or do not have developers that are competent enough to make their exchanges to support segwit addresses. Segwit was implemented in 2017. That was six years ago. It will not be a surprise if such exchange is hacked. Most exchanges allow segwit transactions.

Now I understand. I was thinking there is any particular security concerns regarding the non inclusion of segwit address as their means of deposit.
Maybe it could be company's policy or perhaps they did not find it necessary even though I don't have idea of the percentage of users that prefer segwit addresses.  

[MusaMohamed]

Segwit Bech32 adoption increased a lot since the last market bull run in 2020 to 2021 and you can easily find exchanges that accept Segwit Bech32 for Receiving and Sending.

Bech32 adoption with information of acceptance from exchanges for Sending, Receiving. You will also have information for Taproot adoption Bech32m too.

So if you are using any exchange that provide decent service and support native segwit deposit drop a comment.

They are decent centralized exchanges but it is their issues. Your task is don't trust centralized exchanges to store your bitcoin.

Reminder: do not keep your money in online accounts.

[Charles-Tim]

Maybe it could be company's policy or perhaps they did not find it necessary

They may find it not necessary. If they do not see updates to be necessary, what is the probability that they see the security updates necessary? Although, all the exchanges that I have used allow segwit transactions.

even though I don't have idea of the percentage of users that prefer segwit addresses.

What most people care about is to use a bitcoin wallet, but most bitcoin wallets are segwit by default and that has made segwit transaction to make more than 65% of bitcoin transactions . It was more than 90% percentage before. Exchanges transactions are still the one contributing non segwit transactions.



https://mempool.observer/

[dkbit98]

Do you know any exchange that accept deposit from bitcoins native segwit address beside binance, coinbase, gemini, okex and kucoin?

There is one wiki page with list of exchanges, wallets and services that support Bech32 address format, that means Native Segwit.
This should be updated on regular basis, but it's better to confirm everything yourself:
https://en.bitcoin.it/wiki/Bech32_adoption

[DVlog]

I am looking for CEX actually. Though i do not like them nor hold any funds there but sometimes i need to use them.

Hope you are ready for some KYC 
Anyway, If this is your preference, I would suggest going for the top names of CeXs that you already mentioned or better yet use CMC exchange rankings >>>> https://coinmarketcap.com/rankings/exchanges.

Out of curiosity what's the catch here, arbitrage trading or p2p and trying to find a good source for cheaper coins??

If that exchange has a good reputation then I have no problem with KYC but at first, I need to make sure they do support deposits for native segwit addresses. I saw that some CEX have a mandatory KYC policy where they don't even let you look at the supporting network for your deposit first. I know we can find it on the internet but all the sources are not reliable. Some exchange 

[Ruttoshi]

Is there any particular reason you are saying people should not use exchanges that do not accept payment from segwit address? Is segwit a new form of verifying the unthenticity of an exchange? I will love to know how and why you arrive at that statement...

Because the exchanges are lazy or do not have developers that are competent enough to make their exchanges to support segwit addresses. Segwit was implemented in 2017. That was six years ago. It will not be a surprise if such exchange is hacked. Most exchanges allow segwit transactions.

Now I understand. I was thinking there is any particular security concerns regarding the non inclusion of segwit address as their means of deposit.
Maybe it could be company's policy or perhaps they did not find it necessary even though I don't have idea of the percentage of users that prefer segwit addresses.  

Exchanges that haven't upgraded to Segwit  address will have less customers, compare to exchanges that has BTC segwit address.

This is because when you are sending bitcoin to a segwit address, transaction fee is cheaper and makes transactions faster compare to a normal BTC address. This is one of the reason that made me to only use exchanges with Segwit address, after I noticed it.

[Dunamisx]

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.

[Odohu]

Exchanges that haven't upgraded to Segwit  address will have less customers, compare to exchanges that has BTC segwit address.

This is because when you are sending bitcoin to a segwit address, transaction fee is cheaper and makes transactions faster compare to a normal BTC address. This is one of the reason that made me to only use exchanges with Segwit address, after I noticed it.

This might actually be right considering that the top exchanges have all implemented segwit wallet. However, these exchanges have always remained top exchanges. On the other hand, we also have some smaller exchanges like Bybit that have implemented segwit yet we have not seen any significant surge in customers as a result of that, maybe that should be an exception. 

Nevertheless,  I feel segwit wallet is great as the advantages abound.