Indodax currently supports 3 types of Bitcoin Addresses to withdraw and deposit on the Indodax account, these are :
- Legacy Address (P2PKH/Pay-to-Pubkey Hash)
Bitcoin addresses of this type have the characteristics of starting with the number "1".
- Address type Segwit (P2SH/Pay to Script Hash)
Segwit is the result of the soft fork experienced by the Bitcoin blockchain. Segwit addresses start with the number “3”.
- Address type Native Segwit (Bech32)
As the newest type compared to other types, Native Segwit is often known as a Bech32 address and this type of address starts with “bc1”.
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