Recently, I made a mistake by sending my Worldcoin (WLD) to an incompatible network on Binance. Fortunately, thanks to the platform's Smart Retrieval system, I was able to recover my funds after paying a fee of 5 USDT. Here I detail the process and the lessons learned:
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### 1. Context of the Error
- Action taken: I sent Worldcoin through a blockchain network not supported by Binance (for example, USDC.E instead of USDT).
- Initial outcome: The funds did not appear in my account, as Binance does not automatically recognize tokens on unsupported networks.
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### 2. Recovery Process
a) Transaction verification:
- I confirmed that the transaction was marked as "successful" on the blockchain using the TxID .
- I accessed my transaction history on Binance and noticed a "Recover Now" button next to the failed deposit.
b) Recovery request:
- I clicked the button, which triggered an automated form.
- I provided details such as the network used, the exact amount, and the TxID.
c) Fee and wait time:
- Binance applied a fixed fee of 5 USDT (previously up to $500), thanks to its recovery system update.
- The process took 2 business days, as indicated in their new protocols.
d) Final outcome:
- The Worldcoin was returned to my Binance account, deducting the fee of 5 USDT from the recovered amount.
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### 3. Key Factors for Success
- Confirmed transaction: The operation needed to be validated on the blockchain.
- Compatible networks with Smart Retrieval: Binance supports recoveries on chains like ETH, MATIC, BSC, and others.
- Correctly filling out the form: I avoided mistakes by entering critical data like the TxID.
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### 4. Lessons Learned
- Double-checking: I now always check the selected network before sending crypto. For example, Worldcoin usually uses networks like Optimism or ERC-20 on Binance.
- Test transactions: For large amounts, I first send a small amount to confirm that everything works.
- Use of Binance tools: The "Recover Now" button simplifies the process, but is only available for certain networks and tokens.
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### 5. Recommendations for Other Users
- Act quickly: If the error occurs, start the recovery process immediately to avoid delays.
- Consult support: If the recovery button does not appear, contact the Binance team via chat or form.
- Keep records: Always save the TxID and screenshots of the transaction.
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Conclusion:
Although errors in crypto transactions are common, Binance has optimized its system to make recoveries more accessible. The reduced fee of 5 USDT and the automated process demonstrate its commitment to user experience, although it is always crucial to be cautious to avoid irreversible losses.
#transactions #Binance #Write2Earn $WLD