Pages:
Author

Topic: Where does all the tokens mistakenly sent to wrong wallets go? (Read 500 times)

member
Activity: 602
Merit: 24
Tokens that You have mistakenly sent to another wallet will get exactly to the wallet to which You sent them, if the address of such a wallet exists. If this address does not exist, the tokens will return to Your wallet. Even if You mistakenly send tokens to the exchange address, the probability of token return is extremely small. I have faced such a situation. The exchange refused to return me!
full member
Activity: 1260
Merit: 100
I have a question for you all. What happens to all the tokens mistakenly sent from a wallet to a wrong wallet and where do they go?  

They will remain in the wrong address and never be able to used unless we know the key.
Based on the cryptocurrency nature, i think it is impossible to use the token that has been sent, because we will never be able to find the private key.
member
Activity: 630
Merit: 10
I have a question for you all. What happens to all the tokens mistakenly sent from a wallet to a wrong wallet and where do they go? 
please send to the wrong wallet and they will be giving the prophets without any work and most of the time it will not happened but sometimes we cannot read this mistake also and it will not be refundable anytime.
Maybe I misunderstood the essence of the question asked, regarding the loss of a certain asset that was sent to someone else’s wallet, but it seems to me that for a simple user nothing can be changed.  But if you take into account updates ethereum St. Petersburg, then the basis of this update was the return of funds for certain companies that were blocked.
I do not know how this is possible, but it is very difficult to return your coins, especially if you are not familiar with the owner of the address where the coins went.  I do not know how in theory, but in practice it is not feasible.
sr. member
Activity: 714
Merit: 251
I have a question for you all. What happens to all the tokens mistakenly sent from a wallet to a wrong wallet and where do they go? 
please send to the wrong wallet and they will be giving the prophets without any work and most of the time it will not happened but sometimes we cannot read this mistake also and it will not be refundable anytime.
Maybe I misunderstood the essence of the question asked, regarding the loss of a certain asset that was sent to someone else’s wallet, but it seems to me that for a simple user nothing can be changed.  But if you take into account updates ethereum St. Petersburg, then the basis of this update was the return of funds for certain companies that were blocked.
member
Activity: 1204
Merit: 38
I have a question for you all. What happens to all the tokens mistakenly sent from a wallet to a wrong wallet and where do they go? 
please send to the wrong wallet and they will be giving the prophets without any work and most of the time it will not happened but sometimes we cannot read this mistake also and it will not be refundable anytime.
legendary
Activity: 2996
Merit: 1132
Leading Crypto Sports Betting & Casino Platform
I have a question for you all. What happens to all the tokens mistakenly sent from a wallet to a wrong wallet and where do they go? 
Depending on the token sent to whose address, if it was sent to a personal address someone might sell it, but if it was sent to an exchange address, the token would be stored at the exchange address and not sent anywhere else
Well, most tokens that has been mistakenly sent, has either been to a wrong user’s address or an address that is not correct, it is on a rare case that a token will be sent wrongly to an exchange, and it also depends on the exchange too, imagine you ending a wrong coin to Yobit, o you think they will even recognize any complain or email from him.

So, nothing can really be said that it is the right solution, it is a 50:50 things, they receiver might decide to be nice and listen to him to send it back, depending on the kind of coin that was being mistakenly sent. It will be very hard to receive any BTC mistakenly sent, compared to tokens like TRON or BAT.
sr. member
Activity: 1153
Merit: 252
They are always warning about sending coins to a wrong address, but I think some platforms if this error can help to return the currency, but if the platform does not support this feature, I think the money has gone and will not return with regret if no one own the wallet
member
Activity: 742
Merit: 21
Be the reason someone smiles today
I have a question for you all. What happens to all the tokens mistakenly sent from a wallet to a wrong wallet and where do they go? 

If you send your funds to a wrong wallet from an exchange,  you have good chances to get your funds back if you raise a support ticket.

If you sent a wrong transaction from your personal wallet then your chances to ever see your funds back are near zero.
sr. member
Activity: 1050
Merit: 254
I have a question for you all. What happens to all the tokens mistakenly sent from a wallet to a wrong wallet and where do they go? 
If the address is a available then the tokens will stuck on that address forever until the owner open the wallet. If sent to the wrong wallet for example like from bitcoin address to bch address, it will gone forever (cmiiw). There is a discussion like this before though, but i forgot what is the answer.
copper member
Activity: 196
Merit: 0
To that wallet.
If that wallet doesn't have owner or lost private keys.
There's no way to claim it again, it is lost forever.
That's accurate. This thread is already answered but I think you have just make wide topic? You should shrink it up to focus on the main problem about where does all tokens go when mistakenly sent.

Add some twist like what will happen if you sent tokens to other wallet address?
sr. member
Activity: 896
Merit: 268
★777Coin.com★ Fun BTC Casino!
I have a question for you all. What happens to all the tokens mistakenly sent from a wallet to a wrong wallet and where do they go? 

I think your question is focusing on the already answered question by you? Think about the fact that when you send a token, they go to the address where you've sent it. They will be transfered exactly to the wallet address of a user which is unknown. I think there will be problem if you send the token to a different blockchain address like: ETH-BTC wallet.
sr. member
Activity: 1400
Merit: 268
Fully Regulated Crypto Casino
If you send the token to the wrong wallet that actually exist and is functional, it be in that wallet forever, or incase you send the token to a very generous person, he/she will return the token to you. In case that you send your token to a wallet that never actually exist, it will either the transaction will never be processed or it will be processed but then canceled and then the token be sent back to your wallet.
hero member
Activity: 1302
Merit: 540
i have experienced this.
but i was lucky to be able to issue the token from there after reporting it to the exchange support service.

some cases are not as fortunate as me and lose their money.
this experience made me continue to be careful and check repeatedly before sending the token to another wallet.
With decent exchangers, if you report the issue and the tokens is recoverable then you will be lucky as they can send it back to you or they assist you to send it inside the right wallet, but if your mistake happen to be in another wallets which is not associated with the exchange then you can say goodbye and accept the loses that you've made, as there's no other way recovering a tokens with wrong address or different token address, no one can assist you, treat that as a learning practice to be more extra careful next time.
sr. member
Activity: 1190
Merit: 253
I think in majority of cases, it is considered to be already gone.

Here are possible scenarios:
1. The wallet has no owner or lost private keys.
2. The owner is not that active and cannot reply to you whenever you contacted him.
3. The owner already used the tokens. Delay of payment will be possible.

LESSON LEARNED:

Be careful and cautious.
hero member
Activity: 1666
Merit: 453
I have a question for you all. What happens to all the tokens mistakenly sent from a wallet to a wrong wallet and where do they go? 

If you sent the tokens to a good wallet address (mistakenly) it will be there and will stay there which you can't take back or cancel.
If you sent the tokens to the address with some wrong capitalization, it will be recover and back to your wallet in few hours.
member
Activity: 700
Merit: 11
send and receive money instantly, with no hidden c
in some cases, the token could not get out of there and others managed to get it out. so i think that depends on the wallet owner.

i think these errors are very rare even almost never found, because now we just copy and paste. but it doesn't hurt to always be careful and check it again before sending to any wallet address.
hero member
Activity: 2184
Merit: 599
I have a question for you all. What happens to all the tokens mistakenly sent from a wallet to a wrong wallet and where do they go? 
Depending on the token sent to whose address, if it was sent to a personal address someone might sell it, but if it was sent to an exchange address, the token would be stored at the exchange address and not sent anywhere else
full member
Activity: 910
Merit: 100
i have experienced this.
but i was lucky to be able to issue the token from there after reporting it to the exchange support service.

some cases are not as fortunate as me and lose their money.
this experience made me continue to be careful and check repeatedly before sending the token to another wallet.
hero member
Activity: 1932
Merit: 506
Betking.io - Best Bitcoin Casino
There are different types of wallets and they have different rules also. Make sure that you will read first their rules so you have an idea if incase what will happen if you mistakenly send your tokens to the wrong address or wallets.

Most of the time, it will be lost. But if you are lucky, they will refund your money but this kind of case is very rare but I have experienced being refunded using an exchange.
So double or even triple check everything before sending any money to any address to avoid having problem later.
member
Activity: 616
Merit: 11
TRADE WITH NEGATIVE FEES
Actually it depends to what kind of wallet you are referring to. If its the burning one for token then it will permanently be there and can never be transferred. And in case of the mistakenly sent then probably its being sent to another active eth adresses for eth users I dont know for other platforms.
Pages:
Jump to: