help sent usdt to smart contract instead of wallet

milewilda

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Quote from: lukeoossshh on October 21, 2021, 08:53:03 AM

so i sent some usdt to a smart contract address other then my wallet address is there anything i can do or just consider it gone?

Similar condition which you might able to find out some idea or answers on but its likely those coins are lost forever.
thats why sending out coins should be checked out twice or thrice or more when more.

https://www.reddit.com/r/binance/comments/pdl7gl/recover_usdt_transferred_from_bep20_to_erc20/
https://www.reddit.com/r/ledgerwallet/comments/m7aoei/accidentally_sent_usdt_to_my_erc20_address_on_the/

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Quote from: cryptosatrs25005 on November 02, 2021, 06:26:28 AM

I do not think that amount can be retrieved. Unless the contract address that has received your token had a function implemented that allows it to transfer back the received tokens, Cool

100% Surely this payment is already gone forever because most of Smart Contracts has not functions for sending payments but if some still exist for this then teams never take any chance due to security reason.

Now take this as lesson in future double check before sending any amount to any address because few seconds careless can give you more big loses in future.

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Quote from: lukeoossshh on October 21, 2021, 08:53:03 AM

so i sent some usdt to a smart contract address other then my wallet address is there anything i can do or just consider it gone?

If you send a token or anything to a smart contract then you will not get the token back. Unless you send the token to an address with a different smart contract, say you send USDT from the BSC blockchain to the Polygon blockchain, you will get the USDT. In a different case, if you send USDT tokens to an Exchange address, if the exchange supports multiple blockchains, then you will get the USDT tokens, but otherwise you will not get them even if the recipient address is the same.

cryptosatrs25005

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I do not think that amount can be retrieved. Unless the contract address that has received your token had a function implemented that allows it to transfer back the received tokens, Cool

tvplus006

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Quote from: JeromeTash on October 21, 2021, 04:51:35 PM

...How did you end up entering a smart contract address instead of your wallet address?

I'm guessing how the OP could have sent the coins to the contract address, since he made a similar mistake himself, but I saw it in time and canceled the transaction. Obviously, the OP copied the contact's address to add it to the wallet, and then tried to copy the recipient's address, but the address of the contract was saved in the buffer, which he pasted into the recipient's address.

mdzahed134

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Quote from: justdimin on October 25, 2021, 04:24:14 AM

Quote from: mdzahed134 on October 24, 2021, 02:15:06 PM

if they didn’t allow to send our money for incorrect address or smart contract address than it will never happen. They should implement this function.

Like seriously, if it’s possible for them to implement a feature like that that would stop people from sending their money to the wrong contract address, trust me it is going to be really helpful in helping to stop mistakes like this. Then as for we ourselves, we all have to be really careful whenever we are doing anything that has to do with cryptocurrency and have it on our mind that in cryptocurrency everyone is on their own, and if you lose your money, then there are close to zero chances that you’re going to be getting it back.

Of course possible, I see several exchanges already implemented this function like Binance, If you try to sending token in wrong smart chain then where you can't and will mentioned what's wrong. Even when you will paste recipient address it's automatically matched in the network. People can make mistakes but our money can be save just implemented by a function.

justdimin

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Quote from: mdzahed134 on October 24, 2021, 02:15:06 PM

if they didn’t allow to send our money for incorrect address or smart contract address than it will never happen. They should implement this function.

Like seriously, if it’s possible for them to implement a feature like that that would stop people from sending their money to the wrong contract address, trust me it is going to be really helpful in helping to stop mistakes like this. Then as for we ourselves, we all have to be really careful whenever we are doing anything that has to do with cryptocurrency and have it on our mind that in cryptocurrency everyone is on their own, and if you lose your money, then there are close to zero chances that you’re going to be getting it back.

mdzahed134

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Quote from: hugeblack on October 22, 2021, 08:16:29 AM

Quote from: lukeoossshh on October 21, 2021, 08:53:03 AM

so i sent some usdt to a smart contract address other then my wallet address is there anything i can do or just consider it gone?

The same applies to wallets. There is no reason why they allow the smart contract address to be sent, just as they display an error message when you type an incorrect address.

Right, if they didn’t allow to send our money for incorrect address or smart contract address than it will never happen. They should implement this function. Also i lost 110$ USDT it was (PoS) USDT token and i deposit in binance exchange from polygon site but it will never recover i contact with binance support.

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Quote from: lukeoossshh on October 21, 2021, 08:53:03 AM

so i sent some usdt to a smart contract address other then my wallet address is there anything i can do or just consider it gone?

Previously, there were such precedents when mistakenly listed coins to the address of the contract were returned to the sender. But it was on the Balance Smart Chain network, which is centralized. But regarding your case, I am sure that you have lost your USDT forever, but you should learn from this a lesson that will not allow you to lose your money in this way in the future.

so98nn

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Quote from: hosseinimr93 on October 21, 2021, 09:06:11 AM

The tokens have likely lost forever.

Most of the smart contracts don't have a function for sending tokens.
Even if the smart contract address you sent the tokens to has such a function, due to security issues, it's very very unlikely that the owner sends back the tokens to you.

That’s really bad one. These kinda matter happens all the time in the crypto space and it’s always good to learn from others. It’s not bad thing really because what’s done is done forever in the crypto space which is always irreversible.

Moreover, the owner of the project always mentions in pretty bold heading that you should not be sending the coins to contract address or you will loose it.

So it’s simple, follow the instructions!!

Almasani

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Quote from: lukeoossshh on October 21, 2021, 08:53:03 AM

so i sent some usdt to a smart contract address other then my wallet address is there anything i can do or just consider it gone?

Transactions can still be carried out even if we send them to the contract address, but that can only be done by the owner of the smart contract. You can contact the owner of the smart contract, and ask them to refund, I think that's the only solution. Sending USDT from a smart contract address is the same as sending tokens developed from that smart contract.

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Quote from: lukeoossshh on October 21, 2021, 08:53:03 AM

so i sent some usdt to a smart contract address other then my wallet address is there anything i can do or just consider it gone?

If the token has a function that returns money sent to the contract address by mistake, it will be returned to your wallet, but if it does not, your money will be lost. It's already lost forever, as others have stated.

That's why I always double-check the address, since if I use the incorrect address, we'll have no choice but to acknowledge that we didn't double-check the accurate address.

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Quote from: hugeblack on October 22, 2021, 08:16:29 AM

The platform is supposed to have a mechanism that prevents sending coins to the smart contract address because it means losing depositors’ money. If you use a platform to withdraw, it is better to communicate with them to inform about this.

The same applies to wallets. There is no reason why they allow the smart contract address to be sent, just as they display an error message when you type an incorrect address.

Yet I think it seems there isn't any urgency on it, or am I just wrong about it?

I believe the prevention mechanism technicalities is feasible to be implemented, in another hand, I don't think there's any wallet trying to add up that features.

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Quote from: lukeoossshh on October 21, 2021, 08:53:03 AM

so i sent some usdt to a smart contract address other then my wallet address is there anything i can do or just consider it gone?

Sorry but just forget about it mate, they are gone and probably for ever, like other members here have already said, if ever anyone makes a mistake and send any coin or token to a smart contract address, the chances of getting such coin or tokens back is very very close to zero, and this is due to several reasons as many have mentioned here, I will also like to add that most projects team don't have access to their smart contract address as they or anyone else don't own their private keys. Private key probably is lost after contract development, so for this and many other reasons already mentioned here, your chances of getting your usdt back is almost zero if not actually zero.

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Quote from: lukeoossshh on October 21, 2021, 08:53:03 AM

so i sent some usdt to a smart contract address other then my wallet address is there anything i can do or just consider it gone?

How much did you send?. I don't think you can get that money back, it's gone forever. Take it as a lesson and forget it. always check carefully, make sure that the correct wallet address will be transferred before transferring tokens/usdt. You won't get a chance to get your money back when you press the "sent" button. I always check the wallet address 2 or 3 times before transferring, it may take a little longer but will make sure your money gets to the right place.

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Quote from: Oshosondy on October 22, 2021, 04:04:17 AM

Quote from: lukeoossshh on October 21, 2021, 08:53:03 AM

so i sent some usdt to a smart contract address other then my wallet address is there anything i can do or just consider it gone?

If to say the money can not be recovered back, it is not true, but to recover it back may likely be impossible also. I think there is someone that sent a very big amount to smart contract but because it was a huge amount the amount was sent back to him after he take it publicly. Let me put it like this, just like someone that paid a very high amount for bitcoin transaction fee, but the person let people know about it by taking it to public that he is the person, then we heard later the miner that received the fee paid it back to the right owner.

Though this is not about bitcoin transaction fee but a smart contract but the coin developer can as well decide to pay back the person that send the coin to the smart contract address, but this goes to huge amount of money that is clear and known to the public, the coin developer will have no option than to send the amount back to the right owner.

But many people lost money this way by sending to the smart contract address and not and will never be obvious and lead to loss of money.

What if the smart contract don't have the function to send tokens as described above? The question is not just the amount or taking it to the public, there are certain things which must be present for the token to be sent back, the important one is if the smart contract has that function and the second is if the owner is willing to cooperate. If none of this, the sender will have to forger about his usdt and be more careful next time.

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Quote from: lukeoossshh on October 21, 2021, 08:53:03 AM

so i sent some usdt to a smart contract address other then my wallet address is there anything i can do or just consider it gone?

Unfortunately, if you sent some usdt to an address other than your wallet address it means that you lost them. There is no support team that you can contact and ask to fix this problem. You are the only person who is responsible for your money so you should be very careful when running a transaction as if you send your tokens to a wrong address or blockchain or to a platform that doesn't support this coin, you will lose it.

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Quote from: lukeoossshh on October 21, 2021, 08:53:03 AM

so i sent some usdt to a smart contract address other then my wallet address is there anything i can do or just consider it gone?

The platform is supposed to have a mechanism that prevents sending coins to the smart contract address because it means losing depositors’ money. If you use a platform to withdraw, it is better to communicate with them to inform about this.

The same applies to wallets. There is no reason why they allow the smart contract address to be sent, just as they display an error message when you type an incorrect address.

Sorry for your loss but try to make it a way for others not to lose their money.

Gorosden

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We can't help you mate, the help is on the master key holder's hand, if it's an exchange then things will even get more complicating because exchanges always warn users never to send wrong token to a given address, I'd say you should move on or try your luck by contacting the exchange team

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I don't think this can be fixed and it will never get back to you, because if you send the token to their contract semart address there will be no way to return it, only the token owner can control it, but I'm not sure for them to return it to you, So take this as your lesson in the future to be even more careful in shipping.

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Quote from: lukeoossshh on October 21, 2021, 08:53:03 AM

so i sent some usdt to a smart contract address other then my wallet address is there anything i can do or just consider it gone?

If to say the money can not be recovered back, it is not true, but to recover it back may likely be impossible also. I think there is someone that sent a very big amount to smart contract but because it was a huge amount the amount was sent back to him after he take it publicly. Let me put it like this, just like someone that paid a very high amount for bitcoin transaction fee, but the person let people know about it by taking it to public that he is the person, then we heard later the miner that received the fee paid it back to the right owner.

Though this is not about bitcoin transaction fee but a smart contract but the coin developer can as well decide to pay back the person that send the coin to the smart contract address, but this goes to huge amount of money that is clear and known to the public, the coin developer will have no option than to send the amount back to the right owner.

But many people lost money this way by sending to the smart contract address and not and will never be obvious and lead to loss of money.

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Quote from: lukeoossshh on October 21, 2021, 08:53:03 AM

so i sent some usdt to a smart contract address other then my wallet address is there anything i can do or just consider it gone?

The only way you have to contact the maker of the smart contract, and ask him to return your assets. But that is a very impossible thing, forget it.

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This is why it's important for us to know how exactly the cryptocurrency world goes. We need to make sure that we know what are we going to do before actually doing something. I personally always do re-check multiple times before executing the transactions. I am sorry, but it seems there's nothing we can do. It went to an unsupposed address where it can't be back. Once it goes to a smart contract, it's gone. Let's take a lesson from our own mistakes and from others.

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I do not think that amount can be retrieved. Unless the contract address that has received your token had a function implemented that allows it to transfer back the received tokens. But, why would a developer set such a function? It is better to forget that amount and learn from your mistake.

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Quote from: lukeoossshh on October 21, 2021, 08:53:03 AM

so i sent some usdt to a smart contract address other then my wallet address is there anything i can do or just consider it gone?

General knowledge says that smart contract addresses do not have private keys, so consider the coins gone forever because even if you contact the person who deployed the smart contract. They won't be able to help you recover them.

How did you end up entering a smart contract address instead of your wallet address?

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It's gone, but think of it as paying money for a lesson. I'm sorry, but I can't for the life of me understand how people can be so careless with their money knowing that transactions are final once confirmed. Heck, I always double check my transaction entries even when just transferring a measly $20.

sheenshane

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As above said, not likely but it will surely get lost forever.

Try to check the smart contract address if this has a function of transfer option if there is and then you're lucky enough and good to go with your USDT, but if not (Which is I strongly doubt) there's nothing you can do is accept your mistake. Since cryptocurrency and the blockchain that has been used is an irreversible transaction or can't be undone, there's no way to get your USDT back.

Sorry for your loss but I think you need to move on and don't let will happen this in the future and you should learn from this mistake, next time you should be careful always because I said, the crypto transaction is irreversible.

hosseinimr93

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The tokens have likely lost forever.

Most of the smart contracts don't have a function for sending tokens.
Even if the smart contract address you sent the tokens to has such a function, due to security issues, it's very very unlikely that the owner sends back the tokens to you.

lukeoossshh

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so i sent some usdt to a smart contract address other then my wallet address is there anything i can do or just consider it gone?

Topic: help sent usdt to smart contract instead of wallet (Read 277 times)