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cryptonetworks
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WHAT HAPPENS IF YOU PICK THE WRONG NETWORK? ⚠️
This is the mistake that costs beginners money.
You sent USDT on BSC (BNB Smart Chain) but the receiver is on Ethereum (ERC-20).
Result? Funds can be lost.
Why?
1️⃣ Funds can be lost forever
If the receiving wallet / exchange doesn't support that network, your crypto may be unrecoverable.
2️⃣ Different networks don't talk to each other
Each blockchain is separate. Like sending an email to a phone number — it won't arrive.
3️⃣ Always match network on both ends
Before you click SEND, confirm: Is the network the SAME for sender & recipient?
Pro Tip: On Binance, always double-check the network label — BSC is NOT the same as Ethereum, even if the token name (USDT) looks the same.
Follow for next part - What to do if you already sent on wrong network?
#CryptoForBeginners #CryptoNetworks #BinanceAcademy
WHAT HAPPENS IF YOU PICK THE WRONG NETWORK? ⚠️
This is the mistake that costs beginners money.
You sent USDT on BSC (BNB Smart Chain) but the receiver is on Ethereum (ERC-20).
Result? Funds can be lost.
Why?
1️⃣ Funds can be lost forever
If the receiving wallet / exchange doesn't support that network, your crypto may be unrecoverable.
2️⃣ Different networks don't talk to each other
Each blockchain is separate. Like sending an email to a phone number — it won't arrive.
3️⃣ Always match network on both ends
Before you click SEND, confirm: Is the network the SAME for sender & recipient?
Pro Tip: On Binance, always double-check the network label — BSC is NOT the same as Ethereum, even if the token name (USDT) looks the same.
Follow for next part - What to do if you already sent on wrong network?
#CryptoForBeginners #CryptoNetworks #BinanceAcademy
This is the mistake that costs beginners money.
You sent USDT on BSC (BNB Smart Chain) but the receiver is on Ethereum (ERC-20).
Result? Funds can be lost.
Why?
1️⃣ Funds can be lost forever
If the receiving wallet / exchange doesn't support that network, your crypto may be unrecoverable.
2️⃣ Different networks don't talk to each other
Each blockchain is separate. Like sending an email to a phone number — it won't arrive.
3️⃣ Always match network on both ends
Before you click SEND, confirm: Is the network the SAME for sender & recipient?
Pro Tip: On Binance, always double-check the network label — BSC is NOT the same as Ethereum, even if the token name (USDT) looks the same.
Follow for next part - What to do if you already sent on wrong network?
#CryptoForBeginners #CryptoNetworks #BinanceAcademy
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