Which bitcoin wallets support SegWit & legacy address format?

Most Bitcoin wallets can handle both SegWit and Legacy address format. They support receiving of Bitcoin on both Legacy (1….) and SegWit (bc1….) addresses. The wallet creation wizard asks for a seed type. Hardware wallets such as Ledger and Trezor asks for the address type you want when you add new account / address.

Can I send and receive legacy bitcoin addresses?

Most wallets have the ability to send and receive legacy bitcoin addresses. Legacy addresses start with 1 or 3 (as opposed to starting with bc1). Without legacy address support you may not be able to receive bitcoin from older wallets or exchanges. Some wallets support transactions on the Lightning Network.

How to transfer BTC from legacy to SegWit?

If you want Legacy then choose legacy address format and add account. Once added send BTC from exchange to your Legacy address. Later on you can move BTC from Legacy to SegWit. Moving from legacy to SegWit is simply a transaction to your SegWit address. Electrum Bitcoin wallet also had this feature. It lets you choose the seed type.

What is a bitcoin wallet?

You can think of a Bitcoin wallet sort of like a regular wallet for regular fiat money, like euros or dollars — your currency is “held” in your BTC wallet. When you make a Bitcoin wallet, you receive an address, a string of numbers and characters, that identifies the wallet. This is called a public key.