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#ELECTRUM LTC LEGACY TO TREZOR HOW TO#

Once your LTC is transferred and confirmed, hardware wallets will send the LTC from the legacy account into the P2SH account.

In Trezor and Ledger wallets, you can still generate a new legacy account and get an L-address.Īlternatively, you can use the Exodus.io wallet app - Exodus only supports L-addresses for Litecoin.

#ELECTRUM LTC LEGACY TO TREZOR HOW TO#

How to withdraw Litecoin to a legacy address (Wallet Apps)

If the test transaction went well, withdraw the rest.

There were reports of messing this up and sending bitcoins instead.

Send a small amount of LTC to your 3-address and check that the transaction arrived well.

Go to which is a public converter script recommended by Trezor to use for this purpose.

Copy your M-address where you want to receive the LTC.

Using the 3-address is just like using an alias. Litecoin addresses that start with 3 are equivalent to that starting with M, so the coin will show up in the same wallet, in the same address. If your exchange gives you an error that says an address starting with M is not a valid LTC address, you will still be able to withdraw into the P2SH address that starts with 3. If you are using a hardware wallet like Ledger or Trezor, your default LTC addresses will be almost definitely P2SH, and they will start with the letter M. You will need a P2SH Litecoin address to withdraw LTC from non-custodial exchanges like LocalCryptos. How to withdraw Litecoin from Exchange to P2SH Address (Hardware wallets) Here’s just the practical info on how to move litecoins around without losing them. If you want to learn more about SegWit, head over to the ATNET Glossary.

Some exchanges (mostly DEX and dApp platforms) on the other hand only allow withdrawal to P2SH addresses because, that’s the only way a contract-based dApp can reach the LTC blockchain.

Some exchanges haven’t upgraded and only allow LTC withdrawals to legacy addresses.However, for crypto exchanges the situation is different. As a result, you will now often get Segwit-compatible addresses for LTC as the default. Hardware wallets and OG wallet apps got upgraded soon after the network upgrade. For that reason, with the next network upgrade, the Litecoin P2SH addresses were changed into a format that starts with M. This caused issues because Bitcoin also uses an address format that starts with 3. Originally, the 3-addresses were implemented for Litecoin’s nested Segwit. The two Segwit formats (M and 3) are equivalent. Nested Segwit LTC address (P2SH): starts with M or more rarely 3.If you are here just for the P2SH vs legacy address converter, proceed to ĭifference between P2SH and Legacy LTC address.This newer format is called P2SH (pay-to-script-hash). Segwit, or segregated witness, makes transactions more efficient and cheaper, and also enabled atomic swaps between LTC and BTC. Back in 2017, some time before Bitcoin, Litecoin also upgraded their network to get SegWit support.