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Bitcoin address types: bc1, 1 and 3

Legacy, P2SH, SegWit and Taproot: how Bitcoin addresses differ, which ones start with bc1, 1 or 3, and what to check before sending BTC.

1 min read · Updated October 27, 2026

A Bitcoin address can start with 1, 3 or bc1. All of these are Bitcoin addresses: you can send BTC from one type to another. The types differ in format and in the size of transactions, which affects the network fee.

Main types

Starts withTypeWhat to know
1…Legacy (P2PKH)The oldest format
3…P2SHMultisignature wallets and wrapped SegWit
bc1q…Native SegWit (Bech32)Smaller transactions, usually a lower fee
bc1p…Taproot (Bech32m)The newest format

What to check

In Changezilla the receiving address is checked for format and checksum before the exchange is created.

Directions with BTC: BTC → USDT TRC20, USDT TRC20 → BTC, ETH → BTC.

Terms in this guide

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