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.