You can withdraw your BTC from BlockFi to any external wallet address type or hardware wallet, as the wallet format we use (P2SH) is backwards compatible. Below is a short description of each type of Bitcoin wallet type:
- Legacy Addresses (P2PKH): Legacy addresses start with the number 1.
- Pay to Script Hash (P2SH): Pay-to-Script-Hash addresses start with the number 3.
- Native SegWit (P2WPKH): Native SegWit addresses start with bc1q.
- Taproot (P2TR): Taproot addresses start with bc1p.
If you have further questions about whether your external wallet can accept transfers from a P2SH wallet address, please contact your external wallet's support team.