By Tojalmaran - 06.02.2020
Litecoin m address converter
Litecoin help to change its normal 3 address to M address to avoid confusion with BTC SegWit address. Use the P2SH converter below to convert the M address. Litecoin has changed its normal 3 address to M address to avoid confusion with BTC SegWit address. If your exchange does not support LTC.
Here's how to convert between them. Segwit, or segregated witness, litecoin m address converter transactions more efficient and cheaper, and also enabled atomic swaps between LTC and BTC.
This newer format is called P2SH pay-to-script-hash.
This caused issues because Bitcoin also uses an address format that starts with 3. For that reason, with the next network upgrade, the Litecoin P2SH addresses were changed into a format that starts with M.
Hardware wallets and OG wallet apps got upgraded soon after the network upgrade.
As a result, litecoin m address converter will now often get Segwit-compatible addresses for LTC as the default. However, for crypto exchanges the situation is different.
If your exchange gives you an error that says an address starting with M is not a valid LTC address, you will still be able to withdraw into the P2SH address that starts with 3.
Litecoin addresses that start with 3 are equivalent to that starting with M, so the coin will show up in the same wallet, in the same address. litecoin m address converter
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Using the 3-address is just like using an alias. Send a small amount of LTC to your 3-address and check that the transaction arrived well.
There were reports of Uphold. If the test transaction went well, withdraw the rest. How to withdraw Litecoin to a legacy address Wallet Apps In Trezor and Litecoin m address converter wallets, you can still generate a new litecoin m address converter account and get an L-address.
Alternatively, you can use the Exodus. This is not automatic, you have to do it manually. Posted in Technical.
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