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What is the difference between SegWit and Legacy addresses?

Learn the key differences between Legacy and SegWit Bitcoin addresses and see which one you should use.

Updated over 3 weeks ago

When you deposit Bitcoin on Cloudbet, you’ll see two address options: Legacy and SegWit.

Both work for sending BTC, but they’re formatted differently. Learn what each type means and choose the right one for your wallet.

What’s the difference?

Here’s how they compare:

Legacy addresses

SegWit addresses

Format type

Original Bitcoin format

Newer format (segregated witness)

Address starts with

1 (e.g., 1A1z...)

bc1 (bech32) or 3 (P2SH)

Wallet support

Universally supported by all wallets

Not supported by all wallets or services

Which one should I use?

If your wallet supports SegWit, use a SegWit address. If you’re unsure, check with your wallet provider.

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