![]() You no longer need to use a third-party wallet to add Legacy accounts in Ledger Live. New Legacy accounts can now be added directly in Ledger Live. This is Litecoin's original address format. Litecoin is among the top 25 crypto assets in terms of market capitalization. Legacy: Legacy addresses start with a L.Tip: If your exchange does not yet support the SegWit address format, you can use this address converter to send LTC to your Ledger device. By default, new accounts added in Ledger Live are SegWit accounts. The SegWit upgrade reduces network fees, speeds up transaction signing on hardware wallets, and enables second-layer solutions like Lightning Network. Segwit: SegWit addresses start with a M.If your exchange does not support sending to a native segwit address, you may add a regular segwit account to temporarily send to and request your exchange to support sending to native segwit addresses. According to Binance, any LTC tokens deposited using the MWEB function will not be received or returned since Binance is not able to verify the. These are bech32 addresses that offer better protection against typos and are cheaper to spend from on top of the advantages of SegWit addresses. The MWEB is a new Litecoin upgrade launched on May 20 this year that provides Litecoin blockchain users to choose to make confidential LTC transactions that do not reveal any transaction details. ![]()
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