Crypto Pump X100
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How my friend lost $10,000 on Binance due to a withdrawal network error 🚨
Recently, a friend of mine had an experience that no cryptocurrency investor wants to face. He lost $10,000 USDT due to a simple mistake when withdrawing funds on Binance, and his story is an important lesson for all of us who operate in this ecosystem.
What happened?
• The plan: Transfer $10,000 USDT from his wallet on Binance to his partner's account on Bybit using the BEP20 network.
• The mistake: He selected the opBNB network instead of BEP20. At first glance, everything seemed normal, but the funds did not arrive at Bybit because this network is not compatible with the destination address.
• The consequence: The $10,000 got stuck. Despite contacting technical support, recovering funds on incompatible networks is extremely complicated and not always possible.
Lessons to avoid similar mistakes:
1️⃣ Always verify the withdrawal network: Before confirming, make sure that the selected network is compatible with the destination address. Most platforms provide this information, but it's up to you to confirm it.
2️⃣ Confirm the address twice: A single mistake in the address can result in an irreversible loss.
3️⃣ Act calmly: Don’t rush. In the crypto world, haste can be costly.
Final reflection:
The world of cryptocurrencies offers great opportunities, but also great risks. Transactions are fast, irreversible, and, in cases like this, a small oversight can cost you thousands of dollars.
🛡️ Always take a few extra minutes to verify the details before sending funds. Caution is not optional; it is essential.
Have you had a similar experience? Share in the comments, because learning from the mistakes of others is also key in this market.
Recently, a friend of mine had an experience that no cryptocurrency investor wants to face. He lost $10,000 USDT due to a simple mistake when withdrawing funds on Binance, and his story is an important lesson for all of us who operate in this ecosystem.
What happened?
• The plan: Transfer $10,000 USDT from his wallet on Binance to his partner's account on Bybit using the BEP20 network.
• The mistake: He selected the opBNB network instead of BEP20. At first glance, everything seemed normal, but the funds did not arrive at Bybit because this network is not compatible with the destination address.
• The consequence: The $10,000 got stuck. Despite contacting technical support, recovering funds on incompatible networks is extremely complicated and not always possible.
Lessons to avoid similar mistakes:
1️⃣ Always verify the withdrawal network: Before confirming, make sure that the selected network is compatible with the destination address. Most platforms provide this information, but it's up to you to confirm it.
2️⃣ Confirm the address twice: A single mistake in the address can result in an irreversible loss.
3️⃣ Act calmly: Don’t rush. In the crypto world, haste can be costly.
Final reflection:
The world of cryptocurrencies offers great opportunities, but also great risks. Transactions are fast, irreversible, and, in cases like this, a small oversight can cost you thousands of dollars.
🛡️ Always take a few extra minutes to verify the details before sending funds. Caution is not optional; it is essential.
Have you had a similar experience? Share in the comments, because learning from the mistakes of others is also key in this market.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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