ALFAcashier, a site to buy, sell, and exchange bitcoin and other cryptocurrencies today announced they now support Bitcoin Segregated Witness (SegWit) transactions for all users.
SegWit is a soft fork upgrade to the Bitcoin network which composes transactions considerably more efficient as well as secure. SegWit reduces the dimension of individual transactions which considerably perk up the Bitcoin network’s total capability.
Regarding the timing of supporting SegWit, the team said:
“Some of our customers always confused Bitcoin Cash with bitcoin and sent payment to the wrong address belonging to opposite chain. After activating CashAddr support for Bitcoin Cash, we’ve decided it’s time to implement SegWit as well for faster transactions and lower fees for our customers.”