The encrypted wallets Xverse and Hiro will be updated this week to support the direct extraction of bitcoin from the Ordinals address
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.
Interpretation of this information:
The official Twitter account of Xverse and Hiro announced on March 9 that an update will be released this week for their encrypted wallet aimed at solving a problem that had been affecting users. Specifically, the update will allow users of the wallet to directly withdraw bitcoin from Ordinals address, which will eliminate the previous difficulties individuals faced when attempting to withdraw BTC from the TwelveFold auction refund.
It is necessary to understand the problem that led to the update. When individuals purchased goods from TwelveFold auction refund, they were provided with an Ordinals address through which they could pay for their purchases. This address was linked to the user’s wallet, allowing them to pay for their goods. However, issues arose when users tried to withdraw their BTC from the Ordinals address, which was not possible due to restrictions on the wallet. Consequently, individuals were forced to transfer their BTC to a different wallet before they could withdraw their funds.
The solution for users is provided by the update, which will allow them to directly access their bitcoin from the Ordinals address in their wallet. This will eliminate the need for any extra steps when withdrawing BTC from the TwelveFold auction and save users’ time and effort. The update will likely broaden the potential user base for Xverse and Hiro, as it will provide for their clients a more accessible means of earning and utilizing bitcoin.
In conclusion, the announcement by Xverse and Hiro regarding their updated encrypted wallet is a positive development for users. The problem faced by individuals attempting to withdraw bitcoin from the Ordinals address had been significant, and the update solves the issue. This solution will save users’ time and effort when withdrawing their funds from the TwelveFold auction, and the update is expected to expand Xverse and Hiro’s potential user base.
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