I am new to cryptocurrency.
I purchased a tiny quantity of bitcoin on an alternate (Binance) and am now going to withdraw all of it to my native pockets.
I put in Bitcoin Core, and created a pockets.
When creating a brand new tackle for receiving, it reveals 4 sorts:
- Base58 (Legacy),
- Base58 (P2SH-SegWit),
- Bech32 (SegWit),
- Bech32m (Taproot).
It makes me confused about what to decide on.
Which one ought to I take advantage of for withdrawing from Binance, and which one has lowest payment for future transaction (sending or receiving)?