- 06.02.2020

Litecoin m address converter

litecoin m address converterLitecoin 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.

Litecoin m address converter

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.

Litecoin m address converter

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.

Litecoin m address converter

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.

Litecoin m address converter

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.

Litecoin m address converter

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.

Litecoin m address converter

Alternatively, you can use the Exodus. This is not automatic, you have to do it manually. Posted in Technical.

Litecoin m address converter

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