CoolWallet supports three types of Bitcoin (BTC) address types, as follows:

  1. BTC Custom Segwit : Starts with "3".
  2. BTC Nested Segwit : Starts with "3".
  3. BTC Taproot : Starts with "bc1p".

The main difference between them lies in the protocol used to derive the Bitcoin receiving address, which is why they have different names. Regardless of which address you choose, you can easily receive Bitcoin. You can select any BTC address type that suits your needs and add it to your wallet to receive Bitcoin.