If a wallet can receive RUNE, can it definitely receive TCY?
A wallet may not support every asset on the same chain. Before receiving $TCY, don’t just check whether you can already use RUNE in your wallet.
THORChain’s buying guide, published on October 27, specifically cautions that some wallets that support RUNE may not support native TCY. So before swapping, check separately whether your wallet supports TCY—don’t just check whether it has a THORChain address.
The guide requires using a compatible self-custody wallet and cautions against entering an exchange deposit address, a smart contract wallet, or another unsupported address as the receiving address, as this could result in a loss of funds. These requirements apply to the guide’s native TCY receiving process; they should not be taken to mean that all chains and all tokens exclude similar types of wallets.
A more specific checklist: first confirm that the asset you’re receiving is native TCY, then check the official list of supported wallets, and finally verify the receiving address on the swap confirmation page. If you’re unsure about compatibility, don’t submit the transaction. An address that appears to be on the same network doesn’t tell you whether the wallet you’re using can correctly handle the asset.
This article explains the official guide. It does not test any wallet’s current version, recommend buying, or guarantee that funds will arrive.
Source: https://blog.thorchain.org/how-to-get-tcy-on-thorchain-a-step-by-step-guide
A wallet may not support every asset on the same chain. Before receiving $TCY, don’t just check whether you can already use RUNE in your wallet.
THORChain’s buying guide, published on October 27, specifically cautions that some wallets that support RUNE may not support native TCY. So before swapping, check separately whether your wallet supports TCY—don’t just check whether it has a THORChain address.
The guide requires using a compatible self-custody wallet and cautions against entering an exchange deposit address, a smart contract wallet, or another unsupported address as the receiving address, as this could result in a loss of funds. These requirements apply to the guide’s native TCY receiving process; they should not be taken to mean that all chains and all tokens exclude similar types of wallets.
A more specific checklist: first confirm that the asset you’re receiving is native TCY, then check the official list of supported wallets, and finally verify the receiving address on the swap confirmation page. If you’re unsure about compatibility, don’t submit the transaction. An address that appears to be on the same network doesn’t tell you whether the wallet you’re using can correctly handle the asset.
This article explains the official guide. It does not test any wallet’s current version, recommend buying, or guarantee that funds will arrive.
Source: https://blog.thorchain.org/how-to-get-tcy-on-thorchain-a-step-by-step-guide
