Xverse and Hiro to Update Wallet Version for Direct Bitcoin Withdrawals from Ordinals Address

03/09/2023 06:44 • Tech Ticker • 100 views

On March 9, according to the official Twitter, the encrypted wallet Xverse and Hiro announced that the version will be updated this week to support users to directly withdraw bitcoin from the Ordinals address in response to the problem that the BTC could not withdraw cash from the TwelveFold auction refund.

The encrypted wallets Xverse and Hiro will be updated this week to support the direct extraction of bitcoin from the Ordinals address

Analysis based on this information:

Xverse and Hiro, two popular encryption wallet service providers, have announced an important update to their existing wallet version. According to their official Twitter account, the update will allow users to directly withdraw bitcoin from the Ordinals address. The move comes as a response to the recent problem with BTC withdrawals from the TwelveFold auction refund.

As Bitcoin continues to gain popularity and acceptance as a reliable payment option, it’s imperative for crypto wallet service providers to update their services for enhanced user experiences. The inability to withdraw cash from the TwelveFold auction refund had been cited by several users as one of the primary limitations of the previous wallet version.

With the updated version launch, users can now perform direct transactions, allowing for greater flexibility and ease of use. This means that users will no longer have to navigate through third-party systems to access their funds.

This recent news may also reflect the increasing importance of direct transactions and the potential shift away from traditional methods of exchange. As more businesses and consumers explore Bitcoin as a viable payment solution, the need for more streamlined and direct transactions will continue to grow.

The Xverse and Hiro update serves as a significant milestone in the evolution of cryptocurrency wallets, particularly in relation to Bitcoin transactions. The update highlights the role of the wallet service providers’ in supporting the growth of cryptocurrencies, and optimizing their use.

Three notable keywords from this announcement include: Encrypted Wallet, Bitcoin Withdrawal, and Direct Transactions. These keywords represent the core elements of the updated wallet version, highlighting the importance of secure storage, ease of use, and direct control of user’s funds.

In conclusion, the updated version of Xverse and Hiro wallets represents a major development in the world of digital currency. It presents a solution to the challenge of withdrawing BTC cash from the TwelveFold auction refund and offers several advantages to users. This update also underscores the evolving nature of cryptocurrency as a payment option, and the role of wallet service providers in driving this change.

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