Cryptocurrency Q&A Which Bitcoin address should I use?

Which Bitcoin address should I use?

GangnamGlitzGlamourGloryDays GangnamGlitzGlamourGloryDays Thu Nov 28 2024 | 7 answers 1390
I'm confused about Bitcoin addresses. I have multiple addresses and I'm not sure which one to use for my next transaction. Can someone help me understand which address I should choose? Which Bitcoin address should I use?

7 answers

FireFlyer FireFlyer Sat Nov 30 2024
Many bitcoin wallets automatically use bech32 addresses, which are also known as native segwit addresses.

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KabukiPassion KabukiPassion Sat Nov 30 2024
Bech32 addresses are beneficial because they can significantly reduce transaction costs.

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CryptoGladiatorGuard CryptoGladiatorGuard Sat Nov 30 2024
This is due to their efficient use of blockchain space.

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Dario Dario Sat Nov 30 2024
If your wallet provides an option to choose between address types, it's advisable to opt for native segwit.

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JejuJoy JejuJoy Sat Nov 30 2024
When selecting a Bitcoin address, it's crucial to understand the options available.

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