They should be interoperable. Just double check your addresses and always do a small test transaction first to make sure it goes through ok, then send the balance
I’m wondering why the fees are so high on native Segwit? I heard sometimes it’s the time of day and how congested the block chain is at the time. I’d like to slow down the speed that the Bitcoin hits my ledger so I don’t get hit so hard with the fees. Thanks again for the great videos!
that's hard to say as there are a lot of factors like jurisdiction and whatnot. But this video may help give you some ideas: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-H2iI9huNuzU.html
what about legacy? why there is no legacy account in ledger live? i received bitcoin years ago( address start with 1) but now i cannot see legacy in wallet. there are just segwits!! what should i do ???
no need to worry. In the latest versions of Ledger Live, when you click on "add account" it defaults to Native Segwit, but there is a toggle that says "show all address types" and you can elect Legacy instead. You should be good to go there
I still cannot understand .. a bit confusing ( may be I m a bit slow with my brains when it comes to tech ) .. so I m trying to withdraw btc from bittrex and the same message popped up ( currently do not support withdrawal to Segway address ( withbc1) prefix ) , please send withdrawals to non-Segwit ) .. could u please explain it in a better Lehman language …
Try doing a test transaction to your desired address with the smallest amount of BTC possible and see if it goes through. Most exchanges should support all address types these days.
I just sent $365 from my coinbase wallet to ledger live wallet and was charged $72 in miners fees. Talk about criminality holy s***. Constantly being charged for moving cryptos around is just one more reason why I think I'm getting closer to quitting the whole s*** show and shooting match.
yes they should be interoperable, but you should confirm with your exchange or wallet what address type you have to make sure you're sending to the right one
it depends on the coin and the network, but yes sometimes it can be expensive. To avoid paying high fees multiple times, maybe consider batching your transactions, or waiting till fees drop
This is what pisses me off about sending and receiving btc. It needs to be more dummy proof. If the receiving address is not compatible with the sending, then it should detect this and bounce the funds back.
fair point. They should all be compatible at this point, but if there are any exceptions, the exchange will let you know when sending. Test transactions also help ease the anxiety :)
transfers between all three address types should be supported, but it depends on where you're sending it from (exchange or otherwise) and whether that specific platform supports the different kind of address types. Make sure to check with your specific exchange for any limitations, and do a test transaction with the smallest denomination of BTC possible to confirm that it transacts properly
@@WoodlandPools thank you very much, I just did it with the lower value , and it shows in the new wallet, but still not confirmed, can I be sure is working good to move the rest already?
Congrats! "not confirmed" usually just means that there have not been enough transactions on the blockchain that have also validated the transfer, but it does imply that your transaction successfully went from point A to Point B. If I were you I'd wait for it to fully settle just to be 100% sure, but if you're seeing it in the wallet, it's probably fine. Again, I'd probably let it fully confirm, but that's me... congrats on getting your funds off!
