Assets, Bitcoin

Can I Send Bitcoin From Legacy to SegWit?

Yes, you can send bitcoin from a legacy account to a segwit account. However, there are a few things to keep in mind. First, when sending from a legacy account, the transaction will likely be larger than if it were sent from a segwit account. This is because the legacy account will likely have more inputs than a segwit account.

NOTE: When sending Bitcoin from Legacy to SegWit, it is important to keep in mind that this process can be very complicated and may require technical knowledge. It is also important to note that there are certain fees associated with this transaction and that some wallets or exchanges may not support the process. Additionally, sending Bitcoin from Legacy to SegWit may take several days to complete, so it is important to plan accordingly. Finally, make sure to double-check all details before submitting the transaction.

Second, the transaction may take longer to confirm as it will be competing with other transactions in the mempool. Finally, fees may be higher when sending from a legacy account to a segwit account.

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