Cryptocurrency Q&A Does Coinbase support taproot?

Does Coinbase support taproot?

SakuraSpiritual SakuraSpiritual Sat Nov 30 2024 | 7 answers 1619
I heard that Taproot is a significant upgrade for Bitcoin, enhancing privacy, scalability, and security. I'm curious if Coinbase, as a leading cryptocurrency exchange, supports this Taproot upgrade, allowing users to send and receive Bitcoin to Taproot addresses. Does Coinbase support taproot?

7 answers

JejuSunrise JejuSunrise Mon Dec 02 2024
Taproot is a new feature in the Bitcoin network that enhances privacy and efficiency.

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FireflySoul FireflySoul Mon Dec 02 2024
By supporting Taproot, Coinbase is aligning itself with the latest advancements in Bitcoin technology.

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Eleonora Eleonora Mon Dec 02 2024
Coinbase has recently made a significant update for Bitcoin users.

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CryptoLegend CryptoLegend Mon Dec 02 2024
Coinbase is not the only exchange to have made this move.

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Michele Michele Mon Dec 02 2024
Several other leading exchanges, such as Kraken and OKX, have also activated support for Taproot transactions.

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