> ## Documentation Index
> Fetch the complete documentation index at: https://cobo-docs-feature-cobo-cli.mintlify.site/llms.txt
> Use this file to discover all available pages before exploring further.

# Get New Deposit Address

> <Note>This content applies to WaaS 1.0 only. We highly recommend that you upgrade to [WaaS 2.0](https://www.cobo.com/developers/v2/guides/overview/introduction).</Note> This endpoint generates a new cryptocurrency address for a given coin and returns it in a JSON response. The endpoint requires authentication and takes in two parameters: `coin` and `native_segwit`. The `coin` parameter specifies the cryptocurrency for which the address needs to be generated, and the `native_segwit` parameter is a boolean flag indicating whether the address should be generated using native segwit format. The endpoint checks for permission and address count limits before generating the new address.

<Note>For BTC address, it supports generating segwit (3 address) and native\_ Segwit (bc1 address), see below for details. (\*
Cobo supports withdraw to any BTC address type)</Note>

#### Request

<ParamField body="coin" type="String" required>Cryptocurrency for which the address needs to be generated.</ParamField>
<ParamField body="native_segwit" type="Bool">Flag indicating whether the address should be generated using native segwit format.</ParamField>

#### Response

<ResponseField name="success" type="bool">request successful or failed</ResponseField>

<ResponseField name="result" type="object">
  <Expandable title="object">
    <ResponseField name="coin" type="String">Cryptocurrency for which the address was generated.</ResponseField>
    <ResponseField name="address" type="String">Newly generated cryptocurrency address.</ResponseField>
  </Expandable>
</ResponseField>

<RequestExample>
  ```python Python
  request(
    "POST",
    "/v1/custody/new_address/",
    {
      "coin": "BTC"
              "native_segwit": 1
  },
  api_key, api_secret, host
  )
  ```

  ```javascript JavaScript
  coboFetch('POST', '/v1/custody/new_address/',
          {
              "coin": "BTC"
              "native_segwit": 1
          },
          api_key, api_secret, host
      ).then(res => {
          res.json().then((data)=>{
              console.log(JSON.stringify(data, null, 4));
          })
      }).catch(err => {
          console.log(err)
      });
  ```

  ```go Go
  Request("POST", "/v1/custody/new_address/", map[string]string{
      "coin": "BTC",
      "native_segwit": 1,

  })
  ```
</RequestExample>

<ResponseExample>
  ```json
  {
      "success": true,
      "result": {
          "address": "bc1qar0srrr7xfkvy5l643lydnw9re59gtzzwf5mdq",
          "coin": "BTC"
      }
  }
  ```
</ResponseExample>