can i transfer bitcoins from my exchange(Koinex) which has address starting from 1xx... to a ledger nano s segwit address starting with 3x.... ?

Although coinbase is not my exchange i am talking about, I have heard like coinbase is currently not supporting segwit , what does that exactly mean ?

PS : I have raised a ticket for same to ask my exchange support , is there anything else that i should be aware of in this scenario to transfer my coins from exchange to ledger wallet ?


1 Answer 1


Yes, you can.

The transaction will just not be a SegWit transaction, and not receive its benefits (including lower fees for a given confirmation speed).

  • 1
    Is a transfer from a segwit address to a non-segwit address the same? Feb 27, 2018 at 0:10

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