Bitstamp Exchange Now Fully Supports SegWit Bech32 Addresses

On the 27th of February 2020, Bitstamp announced adding full support for SegWit bech32 Bitcoin addresses. The announcement said that all Bitstamp users can now withdraw Bitcoin to bech32 addresses and develop new deposit addresses in this format. In this case, Bitstamp generated new Bitcoin deposit addresses for all its clients. When depositing Bitcoin onto the exchange, Bitstamp users can now choose between the old format or the bech32. Nevertheless, the exchange prefers all users to switch to bech32, claiming…