Cryptocurrency Q&A
Does Ledger support SegWit BTC?
Does Ledger support SegWit BTC?
CherryBlossomFall
Sun Dec 01 2024
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6 answers
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I'm wondering if the Ledger wallet supports SegWit for Bitcoin transactions. I've heard about SegWit and its potential benefits, such as faster transactions and lower fees, and I'm curious if Ledger, as a popular hardware wallet, has integrated this feature into its platform.
6 answers
Chloe_emma_researcher
Tue Dec 03 2024
One of the features of Ledger Live is that it can create Bitcoin accounts.
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EmilyJohnson
Tue Dec 03 2024
By default, Ledger Live will set up a Bitcoin account using the "Native SegWit" format.
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DigitalLordGuard
Tue Dec 03 2024
Native SegWit stands for Native Segregated Witness, which is an upgrade to the Bitcoin network.
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Michele
Tue Dec 03 2024
This upgrade aims to improve transaction efficiency and reduce transaction fees.
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ZenHarmonious
Tue Dec 03 2024
Ledger Live offers users the ability to manage their cryptocurrencies efficiently.
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