Careful when adding and transacting on new evm networks

libert19

hero member

Activity: 2464

Merit: 934

Quote from: sheenshane on April 12, 2022, 10:06:24 AM

It seems like you're sending coins to different networks and yes, that's a compatibility issue and this is a very common issue like sending to the BSC network from the ECR20 network.

No, that's not transfer between different networks. It was trade on DODO dex for eth to usdc (on boba network, which is evm chain like polygon/bsc/etc)

sheenshane

legendary

Activity: 2366

Merit: 1206

It seems like you're sending coins to different networks and yes, that's a compatibility issue and this is a very common issue like sending to the BSC network from the ECR20 network.

You should have research first before taking such action, even though that's a small amount but that still has value, IMO.
The exchange that supports the Babo network should be on these exchanges, which are found on CMC.

Bybit
Huobi Global.
BTCEX
DigiFinex
FTX

This thread is good for newbies to read, it might be good if you will move this too to the Beginners & Help section.

libert19

hero member

Activity: 2464

Merit: 934

So a few days ago, I wanted to trade on boba network, it's ok if you never heard of it.

I used mobile wallet called, Alpha wallet. Since 'Boba' wasn't officially supported, I added it's detail manually, and went on to DODO exchange to trade $10 eth to usdc.

Funds were deducted but didn't receive USDC, went to dodo discord and asked the support, guy said it's wallet compatibility issue. I wasn't convinced at first.

Then checked the reviews, and the support guy turned out to be right,

It was small amount so it's alright, good lesson for the amount concerned. If you are reading this topic this could save you from unnecessary trouble.

- Stick with prominent wallets

- Stick with officially supported networks for particular wallet

- Confirm with wallet and dex support

Topic: Careful when adding and transacting on new evm networks (Read 68 times)