BlockTrades now supports sending to bech32 Bitcoin and Litecoin addresses
In response to requests from several customers, we have added support for sending to the new bech32 address format. In Bitcoin, these addresses begin with the prefix “bc1”, and in Litecoin they begin with the prefix “ltc1”. Here is an example of how to use a bech32 address for Bitcoin in the receive address of our web site:
What are bech32 addresses?
Bech32 addresses are a new address format for Bitcoin and Bitcoin-compatible coins such as Litecoin. They are an optional replacement for base58 addresses.
Why use bech32 addresses?
One advantage of the bech32 addresses is that they use only lower-case letters, whereas base58 addresses are mixed-case, which makes bech32 addresses faster to type and read out loud. Bech32 addresses are also smaller, so they will save a few bytes in your transactions, slightly reducing the transaction fees you pay.
Do I need to start using bech32 addresses?
No, you can continue to use the older base58 format for Bitcoin addresses. And in some cases, you will still need to use the older format, since many exchanges don’t yet support the bech32 format.
What wallets and exchanges support bech32 addresses?
This wiki page tracks the current adoption status of the bech32 address format:
https://en.bitcoin.it/wiki/Bech32_adoption
@blocktrades is this a bug?
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Solved now. Thanks.
Any chance you will add Dash or erc20’s?
We support DASH and OMG (an ERC20 token) now.
Oh yes i forgot you guys have Dash... Enjin would be a nice token to buy through BT
hey i dont knwo where else do make sure this gets seen but Ineed to report a theft and 400 steem sent to you just now, @priscy122 sending over 400 steem to you, i hope youc an freeze the transactiona nd send me the money back , and i just filled outa stolen accountr request but it was just teh active key i vbbelieve that was tsolen and ive reset teh password alreayd i just hope i can get that 400 steem back form you since the scammer has sent the mnoney to youy for trading to bitcoin etc
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Hey I got a question, besides selecting and submitting the declaration that I'm neither a US citizen nor a resident, what else should I do to get authorization to trade EOS on @blocktrades?
You have to submit an authorization request (look for authorization in the profile section). This is where you show us a scanned document that proves you're not a US citizen/resident.
Thank you for implementing this user friendly tools.
Is there a possibility to add Digibyte in a near future to blocktrade?
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This is whats the best part about you guys, you guys actually take feedback from your users. Keep being awesome.
Really good news, this will be very useful for users. Thank you, sir.
Really good news, this
Will be very useful for
Users. Thank you, sir.
- elianaelisma
I'm a bot. I detect haiku.
That's helpful information, nice initiative for those or like me who don't know it yet. Actually I used blocktrades for a year but still I didn't know how to transfer my money from different wallet then buy any cryptocurrency I like.
What I want to know is where I can send my money in blocktrades then buy it, for example steem power.
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Hi @blocktrades, sent payment to your address spoke to support and still no solutions why money is not showing on my dashboard here is proof of TX https://steemd.com/tx/7418e069ba247f80fb0657af8990478be5a9e795
Is this improvements more on security or easiness of transaction?
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BECH32 is Segwit Address. So if you sent a money from that address you pay less fee than from old-compatibile 1*
Of course with BECH32 you can use Lightning Network and other technologies
Thanks a great news
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