Season 1Episode 92:35
Before you transfer: don't guess any of these
Your next step
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Key takeaways
Confirm the coin and the network the receiver supports before you send.
Copy the address from the receiving page, check all of it and add any memo or tag.
Send a small test first and confirm it was credited.
Quick check
The receiving page asks for a memo. What do you do?
Try it yourself
In a practice withdrawal form with deliberate errors, fix the network mismatch and the missing memo; then send a virtual small test.
Show the answer
Submit only when every key condition matches. There is no default 'auto-switch to the right network' protection.
Transcript
- Sam
This network is cheaper. Why not just switch?
- Nexubo
First confirm which asset and network the receiver supports. Then think about fees. If the two ends don't match, don't send just because it's cheaper. Even USDT can live on different networks.
- Narrator
For now, think of the network as the route and the address as the destination. But two addresses can look alike and still not work on the same network. Always check that the receiving platform supports this chain and this asset.
- Nexubo
Copy the address from the receiving page, then check all of it. If a memo or tag is required, fill it in. Confirm the minimum deposit, the withdrawal fee and the amount that will arrive. Don't judge an address by its first and last few characters.
- Narrator
Send a small test that meets the minimum, and confirm it was actually credited. For a bigger transfer, check everything again. Don't blindly reuse old records. For self-custody transfers, have the network fee ready too.
- Sam
No.
- Nexubo
One more check before sending beats looking for help after a mistake.
- Narrator
It says 'success', but nothing arrived. Don't send it again. Next: where to look.
- Narrator
Understand first, then act.