🔥 Essential crypto knowledge: on-chain transfers
The irreversibility of blockchain transactions benefits recipients: once a transfer has enough confirmations, you don’t have to worry about the sender reversing it afterward.
Before withdrawing, make sure the recipient can receive funds on the network you select. If you choose the wrong network, your coins may be unrecoverable.
For reference, the current price of $BTC is 83067.89 (24h +0.52%).
Have you ever misunderstood this before?
#BTC
The irreversibility of blockchain transactions benefits recipients: once a transfer has enough confirmations, you don’t have to worry about the sender reversing it afterward.
Before withdrawing, make sure the recipient can receive funds on the network you select. If you choose the wrong network, your coins may be unrecoverable.
For reference, the current price of $BTC is 83067.89 (24h +0.52%).
Have you ever misunderstood this before?
#BTC