📖 What is a Bech32 aka Native SegWit, aka P2WPKH address? This is the second generation of SegWit. It's fully described in BIP 173. It creates transactions that are even smaller but more notably also has some advantages in creating addresses that are less prone to human error and have some implicit error-correction beyond that. It is not backward compatible like P2SH-SegWit was, and so some people may not be able to send to it. “A Bitcoin wallet and any crypto wallet, for that matter is a digital wallet storing the encryption material giving access to a Bitcoin public address and enabling transactions,” says Alexandre Kech, CEO of Onchain Custodian, a custody service for digital assets. Personal Finance Insider rating methodology for investing platforms is based on several factors, including customer support access, bitcoin features, wallet custody, educational resources, and wallet compatibility. Some crypto wallets are compatible with other storage platforms. For instance, Mycelium currently supports Trezor, Ledger, and KeepKey hardware wallets.Investment platforms are given a rating between 0 and 5.