April 25, 2024

Bitfinex Added Full Support for Bech32 Addresses

Cryptocurrency exchange Bitfinex has added full support for native SegWit addresses in bech32 format. Now userssites can generate them and make deposits.

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Users were encouraged to update the address configuration at the link below.

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Earlier, Bitfinex allowed to withdraw funds to bech32 addresses.

Read more about the Segregated Witness protocol here:

What is Segregated Witness?