"How to identify a bitcoin address? You can identify the type of a bitcoin address by looking at the first letters of it. If it starts with "1", it's a legacy address which are the most expensive fee wise. If it starts with "3", it's a P2SH address. If it starts with "bc1q", it's a native segwit and if the first 4 letters are "bc1p", it's a taproot address."
Yes.
This will explain it better than I can.
"How to identify a bitcoin address? You can identify the type of a bitcoin address by looking at the first letters of it. If it starts with "1", it's a legacy address which are the most expensive fee wise. If it starts with "3", it's a P2SH address. If it starts with "bc1q", it's a native segwit and if the first 4 letters are "bc1p", it's a taproot address."