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Anchorage Digital supports two Bitcoin address types for client wallets: wrapped SegWit and Taproot. This page covers what each type is for and how addresses in other formats are handled.

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Wallet address types

Wrapped SegWit uses SegWit’s smaller transaction size while remaining compatible with older wallet software. Taproot wallets are required to stake Bitcoin with Babylon. Anchorage Digital doesn’t generate legacy (P2PKH) or native SegWit (bech32) addresses for client wallets.
Taproot wallet creation isn’t available on Porto.

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Transacting with other address formats

Your wallet’s address type doesn’t limit who you can transact with:
  • Deposits—any external wallet can send to your Anchorage Digital deposit address, regardless of the sender’s own address format.
  • Withdrawals—you can withdraw to any standard Bitcoin address format, including legacy (P2PKH), P2SH, native SegWit (bech32), and Taproot (bech32m).
Always verify a deposit address before sharing it.