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Topic
Board Beginners & Help
Re: FTX collapse; Once bitten twice shy
by
Cruxleo
on 24/11/2022, 16:53:12 UTC
Without any doubt, without going too much into technical details, choose a SegWit address - let's say that you will be able to save on fees for all future outgoing transactions. If you ever need a legacy address for some reason, you will simply create a new wallet within Electrum and name it Legacy wallet.

Read more in this thread -> Legacy vs segwit
Thank you. I appreciate the follow up.