CoolWallet Adds BECH32 Support for Top Cryptos

CoolWallet Adds BECH32 Support for Top Cryptos

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The hardware wallet, CoolWallet has enabled users the ability to transfer Bitcoin (BTC), Litecoin (LTC) and Bitcoin Cash (BCH) to BECH32 address.

The addition of the more recent Bitcoin address protocol, which launched as early as 2017, as opposed to P2PKH and P2SH will allow users to benefit from the benefits that the address format offers users. Most notably, allowing for the compatibility with Segwit, a soft fork used for crypto transactions.

However, alongside this, there are other practical benefits that the option offers in terms of faster speeds and lower fees when making transactions.  All in all, providing an all-around more efficient service and one that is now in place at CoolWallet.

If you are looking to identify BECH32 address that will now be in place for Bitcoin (BTC), Litecoin (LTC) and Bitcoin Cash (BCH), this is how you can do so:

  • Bitcoin (BTC) begins with “bc1″
  • Litecoin (LTC) begins with “ltc1″
  • Bitcoin Cash (BCH) begins with “q*

The option to use this option on leading adds to the arsenal of reasons for using CoolWallet as your go-to cryptocurrency wallet. Check out their site now to learn about all the other benefits they offer to traders and investors.

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