Withdrawal

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  • ucbearcats1027
    SBR Wise Guy
    • 01-05-09
    • 903

    #1
    Withdrawal
    Anyone else having issue with Bitcoin withdrawal? Says invalid address when trying to use blockchain. Do I have to remove the bc off the start of address? Never had issue in past.
  • LongBall52
    SBR MVP
    • 06-14-20
    • 1319

    #2
    Just about everything in the financial world seems subject to change. Top cats usually pulling the strings somewhere along the line.
    Comment
    • Crusherrr
      SBR MVP
      • 06-27-16
      • 3646

      #3
      Generate a new address
      Comment
      • Shifty
        SBR Wise Guy
        • 08-10-08
        • 558

        #4
        Do NOT remove characters from an address. If your address starts with bc you are using a bech32 address. It's supposed to be faster and cheaper but not all exchanges support it. You'll have to use the older network where BTC addresses start with 1 or 3.
        Comment
        • DontTailMe
          SBR MVP
          • 03-24-19
          • 2897

          #5
          Yes, you have to use legacy BTC address. If you're using Blockchain wallet, the most recent update made it so that the app provides Segwit addresses by default instead of legacy. So the withdrawal process you've been following before may no longer work.

          In fact, I haven't even figured out how to get legacy addresses from the new Blockchain app. I have to log into my wallet on the desktop site to get them now.
          Comment
          • ucbearcats1027
            SBR Wise Guy
            • 01-05-09
            • 903

            #6
            Thanks!
            Comment
            • Crusherrr
              SBR MVP
              • 06-27-16
              • 3646

              #7
              Originally posted by ucbearcats1027
              Thanks!
              Go into settings and you can change the address type it generates.
              Comment
              • DontTailMe
                SBR MVP
                • 03-24-19
                • 2897

                #8
                Originally posted by Crusherrr
                Go into settings and you can change the address type it generates.
                I don't see that anywhere in Settings. Can you be a little more specific?
                Comment
                • Optional
                  Administrator
                  • 06-10-10
                  • 60728

                  #9
                  I have a poster problem using the upgraded Blockchain wallet app where they withrew to a legacy address but the transfer does not appear as available funds in their balance.

                  Anyone have any clues about that?
                  .
                  Comment
                  • unlearn
                    SBR Hall of Famer
                    • 03-22-14
                    • 8980

                    #10
                    I had 2 payouts go missing from desktop version of blockchain after these retarded programmers changed default addresses to bech32. I used desktop version and selected 2 legacy addresses to use and the payouts never hit my wallet and the used addresses vanished. Switched to electrum and no issues since. Blockchain is hot garbage and there is some shady shit going on there
                    Comment
                    • ThaWoj
                      SBR Hall of Famer
                      • 03-09-10
                      • 6746

                      #11
                      Does anyone know if this is an issue withdrawing to cdc (the crypto app)
                      Comment
                      • RocketMan$$$
                        SBR High Roller
                        • 09-11-17
                        • 214

                        #12
                        I had 2 payouts rejected as well when I used blockchain. I am switching to electrum as well. I downloaded the app. Hope this works better
                        Comment
                        • PharaohUB
                          SBR MVP
                          • 01-23-07
                          • 4865

                          #13
                          Originally posted by Optional
                          I have a poster problem using the upgraded Blockchain wallet app where they withrew to a legacy address but the transfer does not appear as available funds in their balance.

                          Anyone have any clues about that?
                          That doesn’t sound right but if he really sent it to his legacy address and owns the private keys they’re out there somewhere and should be able to get them. I actually was able to recover Litecoin I sent to my Bitcoin address on accident a couple weeks ago.
                          Comment
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