Cryptocurrency Exchange BitMEX Enables Native SegWit Support

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Cryptocurrency exchange BitMEX added support for native segregated witness (SegWit) addresses for Bitcoin withdrawals,which lets users pay lower transaction fees.BitMEX also explains that,when spending from an address that is not in the Bech32 format,the user adds around 20 bytes of data to the transaction. The lack of this data in native SegWit transactions saves fees and allows the network to scale more.


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