Topic: Sending Crypto to the wrong address - page 2. (Read 794 times)
Personally, I have never had a problem of this nature because I directly take my precautions since I have acquaintances that this has happened to them and unfortunately they have never been able to recover the transaction (they lose their property). That is why when I hear problems on this topic every time I carry out these activities, I check the address and data two and even three times, verifying everything so that I do not get these errors that more than one person is presented with for not being cautious or, in short, very careless.
Before sending tokens, it would be nice to check the address first, whether it's correct or not, most people don't pay attention to the intended address if I think they are careless. If the address is wrong, you can't take it back unless the recipient wants to return it.
This is why before sending the click button, you need to make sure you entered the correct address. Also, if I may add, check also if you are in the right network. Nowadays, we have different networks available already especially if you are talking with tokens, not only ETH but BSC, SOL, AVAX, FTM and others. So check the receiving address about the network as well as the originating address. It is very hard to get back your tokens if you sent it to the wrong network. Not many platforms will entertain you to recover your tokens if you made a mistake with the network.
Before sending tokens, it would be nice to check the address first, whether it's correct or not, most people don't pay attention to the intended address if I think they are careless. If the address is wrong, you can't take it back unless the recipient wants to return it.
This is why before sending the click button, you need to make sure you entered the correct address. Also, if I may add, check also if you are in the right network. Nowadays, we have different networks available already especially if you are talking with tokens, not only ETH but BSC, SOL, AVAX, FTM and others. So check the receiving address about the network as well as the originating address. It is very hard to get back your tokens if you sent it to the wrong network. Not many platforms will entertain you to recover your tokens if you made a mistake with the network.
We're developing something to reduce human error in crypto transactions, especially those in which some mistake was made when writing the receiver address.
Can you guys help us have a greater perception on the user side?
Thanks
Can you guys help us have a greater perception on the user side?
- Did it happen to you?
- How comfortable are you every time you transfer to a remote address?
- Would you be more comfortable using a helper?
- What do you use today to mitigate this risk?
Thanks
The good thing is that i never sent bitcoin to the wrong address. However, i have heard many people sending bitcoin to wrong addresses. Sometimes it happens because of human mistake but at other times there is a malware du to which the bitcoin send to the wrong address.
The simple way to avoid this mistake, is to double check the sender address after pasting it in the wallet withdrawal window.
Just be careful before transferring money, we will avoid the risk, I always copy the wallet address and check and recheck 3 to 4 times before pressing the send button.
We should not rush, always remember that crypto transfer is not like a bank transfer once an order has been sent there is no way to get it back so don't do it wrong.
An error sending a transaction occurred to me when I was handling multiple addresses. Fortunately, I was the owner of the wallet.
That made me think that I should be more orderly when sending my coins, double check and send the coin.
Currently, there are several applications that ask you first if you are sure to send the transaction and thus click on the confirm button.
From this experience I learned not to rush, the first thing we should do is make sure that the coin is sent to the correct address.
That made me think that I should be more orderly when sending my coins, double check and send the coin.
Currently, there are several applications that ask you first if you are sure to send the transaction and thus click on the confirm button.
From this experience I learned not to rush, the first thing we should do is make sure that the coin is sent to the correct address.
The good thing is that i never sent bitcoin to the wrong address. However, i have heard many people sending bitcoin to wrong addresses. Sometimes it happens because of human mistake but at other times there is a malware du to which the bitcoin send to the wrong address.
The simple way to avoid this mistake, is to double check the sender address after pasting it in the wallet withdrawal window.
You have said many beautiful things. Not only Bitcoin but all coins or tokens should be transacted after receiving the address of the recipient while transacting and checking again because the address is correct. If correct then the transaction should be done. Then more caution will be exercised.
Before sending tokens, it would be nice to check the address first, whether it's correct or not, most people don't pay attention to the intended address if I think they are careless. If the address is wrong, you can't take it back unless the recipient wants to return it.
Sending your crypto to the wrong wallet address also results in the permanent loss of it.
This is a mistake that is still very easy to make even if you have been in the market for a relatively long time because wallet addresses are all long strings of characters that look almost identical. so you should carefully double check before sending.
Permanently loss all fund when use wrong address, I think not only with wrong address will make fund losing but also left one letter only will loss all fund and not have choose with cancel sending transaction after left one words of address. Maybe on Binance or other exchange market have option with saving address and give less risk made mistake when saving fund, but when sending to new address keep manually added address and we need really be careful and check more than one time have been correct address or not before try to sent funds. This is a mistake that is still very easy to make even if you have been in the market for a relatively long time because wallet addresses are all long strings of characters that look almost identical. so you should carefully double check before sending.
Anyone understand this? I transferred bitcoin from coinbase to ledger live (nano s). When watching account on ledger, almost 70.00 MORE than I sent appeared in my ledger live account. The money I sent from coinbase was all that was in there. Now I can't make further transactions from that ledger account. Obviously someone else's money got into mine? What to do? I don't want to keep someone's money.
- Did it happen to you?
- How comfortable are you every time you transfer to a remote address?
- Would you be more comfortable using a helper?
New comers may chose helper for a better experience.
- What do you use today to mitigate this risk?
Sending your crypto to the wrong wallet address also results in the permanent loss of it.
This is a mistake that is still very easy to make even if you have been in the market for a relatively long time because wallet addresses are all long strings of characters that look almost identical. so you should carefully double check before sending.
This is a mistake that is still very easy to make even if you have been in the market for a relatively long time because wallet addresses are all long strings of characters that look almost identical. so you should carefully double check before sending.
Maybe sometimes being extra careful could help reduced the risk
What i mostly do is that whenever trying to send out payment or executing a transaction i would asked the receiver to place confirm the address again before initiating the transaction. just as OP said before.
What i mostly do is that whenever trying to send out payment or executing a transaction i would asked the receiver to place confirm the address again before initiating the transaction. just as OP said before.
We're developing something to reduce human error in crypto transactions, especially those in which some mistake was made when writing the receiver address.
Can you guys help us have a greater perception on the user side?
Thanks
Can you guys help us have a greater perception on the user side?
- Did it happen to you?
- How comfortable are you every time you transfer to a remote address?
- Would you be more comfortable using a helper?
- What do you use today to mitigate this risk?
Thanks
The good thing is that i never sent bitcoin to the wrong address. However, i have heard many people sending bitcoin to wrong addresses. Sometimes it happens because of human mistake but at other times there is a malware du to which the bitcoin send to the wrong address.
The simple way to avoid this mistake, is to double check the sender address after pasting it in the wallet withdrawal window.
The difference between the traditional system and the cryptocurrency is that once the money is transferred to the cryptocurrency, it is never possible to get it back in any way. Only possible if the receiver re-sends. So you have to be very careful while doing every transaction otherwise have the possibility to lost your assets.
Whenever you are sending a coin and you don't know the chain which the receiver send to you, always try and ask the person for the chain and whenever yih are sending always be focused to avoid those kind of mistake, mostly the people that make this kind of mistake are the newbies that don't know anything about cryptocurrency, if you ask them to send wallet address, they always endup sending the wrong chain. I think we should be very careful whenever we are making transaction. Thanks!!!
whenever you do make out some transfers then always consider out on double or triple checking it before you do press that sent button because those coins would really be lost forever on the time
that you had just mistakently inputted a wrong one or even just losing 1 character which means that it would be a human error which you cant really able to take it back.
Whenever you are sending a coin and you don't know the chain which the receiver send to you, always try and ask the person for the chain and whenever yih are sending always be focused to avoid those kind of mistake, mostly the people that make this kind of mistake are the newbies that don't know anything about cryptocurrency, if you ask them to send wallet address, they always endup sending the wrong chain. I think we should be very careful whenever we are making transaction. Thanks!!!
It will be happened to all the people in this forum for at least one time.Even it was happened to me also.But my luck,it was not a big amount.I think it was around of 60 dollars.While copying and pasting,I had made some mistake.Then I had contacted the support of that exchange.They said it was loss.Because of the wrong address.It’s better to recheck the address for 5 times to skip such problems.
Whenever you are sending a coin and you don't know the chain which the receiver send to you, always try and ask the person for the chain and whenever yih are sending always be focused to avoid those kind of mistake, mostly the people that make this kind of mistake are the newbies that don't know anything about cryptocurrency, if you ask them to send wallet address, they always endup sending the wrong chain. I think we should be very careful whenever we are making transaction. Thanks!!!
Did it happen to you?
No, it has never happened to me that I sent my BTC to a wrong address. I check thrice before sending my precious coins to other addresses.
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How comfortable are you every time you transfer to a remote address?
I am pretty much comfortable with the traditional way of transferring coins to an address.
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Would you be more comfortable using a helper?
I wouldn't like to compromise my addresses just because I am lazy and careless to check the addresses before sending coins to it.
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What do you use today to mitigate this risk?
I use a standard non-custodial wallet and paste the address into it and then send coins to that address.
I wonder why people make such silly mistakes of sending coins to wrong address.
Either people are lazy or dumb enough to check the addresses they send their coins to.
We're developing something to reduce human error in crypto transactions, especially those in which some mistake was made when writing the receiver address.
Can you guys help us have a greater perception on the user side?
Thanks
One and the best way to avoid such particular mistakes is to double-check the address before sending. Can you guys help us have a greater perception on the user side?
Thanks
We should also read carefully about what pop-ups on our screen as this serves as a warning. The more we are careful with our actions and doings, the more we avoid such regrettable scenarios. This is very common for people who keep themselves hurry, we need to change this attitude otherwise sending it to the wrong address is possible.
I am glad that it did not happen to me well what do you expect if you send it to the wrong address? of course you can't return it back I recommend copying and pasting it, then triple-checking for any incorrect words or numbers. This will prevent cash from being sent to the incorrect address. If you have any doubts, I believe it would be beneficial to hire a helper to ensure that everything runs smoothly and without errors.
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