Native SegWit for Litecoin
BitGo now supports sending to Bech32 addresses and generating Native SegWit addresses on Litecoin. We previously introduced the advantages of Native SegWit addresses when we rolled out Native SegWit support for Bitcoin.
Native SegWit receive addresses can be generated via the API by specifying the derivation chain code 20 for new addresses. When sending transactions, passing the parameter addressType: ‘p2wsh’ will send change to Native SegWit change addresses.
Have questions? Please contact support@bitgo.com.
About BitGo
BitGo is the leading infrastructure provider of digital asset solutions, offering custody, wallets, staking, trading, financing and settlement out of regulated cold storage. Founded in 2013, BitGo is the first digital asset company to focus exclusively on serving institutional clients. BitGo is dedicated to advancing a digital financial services economy that is borderless and accessible 24/7. With multiple Trust companies around the world, BitGo is the preferred security and operational backbone for more than 1,500 institutional clients in 50 countries, including many of the world’s top brands, cryptocurrency exchanges and platforms. BitGo also secures approximately 20% of all on-chain Bitcoin transactions by value and is the largest independent digital asset custodian. For more information, please visit www.bitgo.com.
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