Preferred Bitcoin Address

Preferred Bitcoin Address

Users can find this pattern when using the Phantom Wallet. When the user attempts to enable any of these addresses, a brief description explains each address type. If users decide to enable both types, they will see a message telling them that some DApps like Magic Eden, their Native Segwit, will be used, but the assets will be received in their Taproot address.

As this topic can be confusing for many users, the Phantom team explained it in simple and straightforward terms. 

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