Unocoin begins integration of SegWit enabled BTC wallets

Indian bitcoin exchange Unocoin has announced that SegWit rollout is now underway for BTC deposit addresses for all the verified clients starting from tomorrow January 12th at 12:00 PM local time. All accounts created after this date will be provided with Segwit enabled deposit addresses by default.

Existing verified users can see their SegWit enabled deposit addresses available under the BTC deposit section on the website & mobile app. Users should note the change in deposit addresses before making any transaction.

Unocoin declared that all legacy non-SegWit addresses will still be supported for deposits for a brief period of time, the date for discontinuation will be March 31st, 2018.

SegWit transactions are still only making up around 10% of the total for Bitcoin. SegWit was activated back in August 2017.

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