Cryptocurrency Q&A
Does Cashapp use SegWit?
Does Cashapp use SegWit?
Elena
Sat Nov 30 2024
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7 answers
1779
The user wants to know whether Cashapp, a popular payment tool in the US, utilizes SegWit, a technical upgrade for Bitcoin transactions that aims to improve scalability and efficiency.
7 answers
Riccardo
Mon Dec 02 2024
Cash App provides withdrawal services to all valid address formats.
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Sebastiano
Sun Dec 01 2024
P2WPKH Segwit addresses offer various benefits, including faster transaction speeds and lower fees.
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Federico
Sun Dec 01 2024
By using P2WPKH Segwit addresses, Cash App is able to provide a more efficient and cost-effective deposit service.
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BitcoinBaroness
Sun Dec 01 2024
This ensures that users can withdraw funds to their preferred addresses without any issues.
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Carlo
Sun Dec 01 2024
For customer deposits, Cash App has a specific address format it prefers.
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