Post
Topic
Board Hardware wallets
Re: Ledger Nano X - Withdrawal to from e.g. Nicehash Wallet - Enter valid BTC addres
by
bob123
on 04/09/2019, 15:41:30 UTC
Some exchange/service still do not support segwit (both native segwit and nested segwit starting with bc1 and 3 respectively).

Try using legacy address which starts with 1


Every service/exchanges supports nested segwit, because that's basically just P2SH.
You'll only see whether it is a multisig / nested segwit / etc. after funds has been spent from such an address.

P2SH got introduced in 2012. Any service etc. which doesn't support it yet, didn't change anything in the last 7 years and should be avoided at all costs.


I'd recommend to use nested segwit for such sites and services.
You'll still save on fees (roughly 26%) compared to legacy transactions.