Getting Segwit compatible

Dear customers,

We are happy to announce that, as of yesterday, 6 September 2017 (17:12:54 hrs (UTC) to be precise), all newly generated bitcoin addresses at Bitstamp have been Segwit compatible.

Segwit was activated on 24 August this year. By removing witness data from the block structure, this solution allows for the structure to hold a lot more transactions and for second-layer solutions to be implemented for further improvement.

We encourage our customers to generate and use their own Segwit address. Please click here to get started. Coloured in green, Segwit addresses are easy to identify.

Please, however, rest assured that your legacy address will remain functional and entirely compatible with Segwit addresses.

As always, follow us on Facebook, Twitter and here on our website for all the latest news and updates as they are announced.