According to @litecoin, the official account released a new educational clip explaining what a Bech32 address is and how it helps Litecoin (LTC), aiming to guide users on best practices for transacting on the network, source: Litecoin (@litecoin) on X, Nov 22, 2025. Bech32 is the native SegWit address format defined in BIP-0173, featuring a stronger checksum and lowercase encoding that reduces address entry errors, which is directly relevant to reducing failed deposits and withdrawals for traders, source: BIP-0173 (Bech32). For Litecoin, Bech32 addresses use the ltc human-readable prefix and begin with ltc1, indicating native SegWit outputs and ensuring wallet interoperability with modern infrastructure, source: SLIP-0173 (Registered HRPs); BIP-0173 (Bech32). Using native SegWit via Bech32 reduces transaction weight versus P2SH-wrapped SegWit, which lowers miner fees at the same feerate and can improve confirmation reliability during network congestion, source: BIP-0141 (Segregated Witness); BIP-0173 (Bech32). For active LTC traders and exchanges, adopting ltc1 deposit and withdrawal addresses can cut on-chain costs tied to transaction size and reduce operational risk from mistyped addresses, supporting faster net settlement across venues, source: BIP-0173 (Bech32); BIP-0141 (Segregated Witness).