What is a Bitcoin On-chain address? 🤔
A bitcoin address is an alphanumeric string of letters and numbers used to receive bitcoin. There are many formats based on alternative specifications which can be identified by their prefix.
Which Bitcoin address does Bottlepay support? 🏋️
There are 4 common bitcoin address formats:
Bitcoin addresses starting with a "1" - Legacy address (P2PKH)
Bitcoin addresses starting with a "3" - Script address - (P2SH)
Bitcoin addresses starting with "bc1" - SegWit (P2WPKH also known as native SegWit or bech32)
Bitcoin addresses starting with "bc1p" - Taproot (P2TR)
We support all 4 address formats for withdrawals.
The following article has more information on how to withdraw bitcoin on Bottlepay.