Author

Topic: I Lost Funds When Transferring To Coinbase Because Of Wrong Network (Read 46 times)

legendary
Activity: 4438
Merit: 3387
It's been several days, and all the money has been withdrawn from my online casino account, but I didn't receive it in my Coinbase account.

They may be show the warning for all deposits. BTC is unlikely to have this kind of problem. If you don't mind giving up some privacy, tell us the address you sent to or the txid so we can take a look.
?
Activity: -
Merit: -
that’s tough
unfortunately if you used the wrong network, there’s not much you can do
now if their app is broken, maybe reach out to Coinbase support and you might be able to get your btc back if they admit they messed up
legendary
Activity: 1512
Merit: 4795
Leading Crypto Sports Betting & Casino Platform
Coinbase.com?

If he wants to contact their customer care, he should not mention anything like gambling.

Always read the terms of service of exchanges before using them. Coinbase.com against gambling.

Withdraw first to your noncustodial wallet next time.
hero member
Activity: 3010
Merit: 524
Leading Crypto Sports Betting & Casino Platform
can't really say much since the info is limited and there's no tx, but I think most of CEX right now accepts BTC deposit from bitcoin's blockchain and altcoin blockchain.

for example, some CEX also accept BTC deposit through BSC which in a nutshell just ERC20 token pegged to BTC which of course you know it carries the risk on its own.

I think since you mentioned that there's no other network option, wrong network shouldn't be possible, you should just contact their customer support and also recheck the address deposit whether it's right or not.
legendary
Activity: 3304
Merit: 3094
I transferred $500 worth of BTC from Coinbase to an online casino. No problems.
After several weeks of gambling, with a $48 profit, I withdrew the funds into my Coinbase BTC account.
I received a Warning notice from Coinbase saying that I need to use the correct network or I could lose my funds.
However, there were no options available when I made the transfer.
It's been several days, and all the money has been withdrawn from my online casino account, but I didn't receive it in my Coinbase account.

I've never experienced this before. Is this new?

https://postimg.cc/JtvgzRVJ

That's weird, if you send it to a bitcoin address then the coind should be in that address, and if you send it to another network but to a bitcoin address, then the exchange should have the private key to that address, so, they should be able to recover those coins.

But is weird, the exchange should give a warning, something like "not valid address", i mean, you can't send BTC to a Dogecoin Address (That's just an example), But contact support on Coinbase, for sure they should be able to help you.
jr. member
Activity: 37
Merit: 1
I transferred $500 worth of BTC from Coinbase to an online casino. No problems.
After several weeks of gambling, with a $48 profit, I withdrew the funds into my Coinbase BTC account.
I received a Warning notice from Coinbase saying that I need to use the correct network or I could lose my funds.
However, there were no options available when I made the transfer.
It's been several days, and all the money has been withdrawn from my online casino account, but I didn't receive it in my Coinbase account.

I've never experienced this before. Is this new?

https://postimg.cc/JtvgzRVJ
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