Be careful while sending tether

[Khan Zak 74]

Hi dear companion this is really relevant and informative post in this forum. I am wonder that how wide the area of crypto and its currency is that even they are connected and interlinked with each other.

[True legend 554]

Well, I have little idea about tether as I am a new member in the forum , although I won't say very new since I have spend a couple of week already in there forum, but I will be glad if other older members can help me

[Emaan haider 54]

On 9/20/2020 at 2:32 PM, BitcryptoHan said:

I have noticed some people do not know much about tether, that is why they do send to wrong address. Tether is built on three blockchains:

1. Bitcoin omini layer

This is built on bitcoin blockchain, and it has the same address with bitcoin legacy address that start with 1. So the tether addressed of this kind start with 1.

 

2.  ERC-20

This type of address start with 0x, it is the same as ether addresses. It is built on ethereum blockchain. 

 

3. TRC-20 

This is built on Tron blockchain, the address is the same as tron addresses and start with T. 

 

Most exchanges are using ERC-20 for tether, but it is good to check this before sending tether. And also, make sure you did not send bitcoin, ether or tron to the corresponding addresses for one reasons or the other that can let you permanently lose your funds. 

 

We must be very carefull with this tether that if we are to move to an wallet to be sure to use the correct because we may make mistake in this and send the Tron Tether by mistake to Etehreum wallet and lose it all.

[zeshan1122 654]

I do not know about all these features so what do you say when we are making the transaction do they tell us which kind of tether it is when we are sending it?

[Tawari 888]

The  individuals do not need an adequate amount of is important typically the treat from completely different crypto currencies. In my opinion, articles that prefer these are definitely the better good quality. 

[Mrbeen890 5]

We have to be careful when dealing with these addresses and discovered this information some time ago when tried to withdraw my funds from binance.

[Alexbhatti 1492]

It is true that USDT is being used more over the world. Many sites support USDT for investment and making pair in trading such as USDT/BTC, USDT/ETH, USDT/LTC. But I am user of YoBit site which also supports the USD money for trading. That's why I prefer USD and don't use USDT.

[Alexbhatti 1492]

I have only heard it's name. Other than that, I didn't know for sure. Because I have never used it, and never traded it. I mostly use US dollar. But your information can benefit me in the future. Thank you very much for sharing this important information with us. 

[BhenGhix 804]

This is very aptly said.

You actually wipe out the ignorance that lots of members are embedded with about the tether.

Thanks very much mate for this clarification as I'm sure it has really satisfied the knowledge of many members here both the new members and even some of the old members.

[Ezabell 457]

I'm a newbie I have no experience about this topic.But I specially think this post is very important and helpful for newbie.Thank you for sharing this information that is very useful for all beginners.

[jakoomar77 108]

The think logically i am motto this as you are surrounded by scammers and hackers in the crypto earth and one misjudge know how to be precise riskier hence checkered two times bit transfer your coin to any wallet. 

[RoyalHouse01 9]

there are always issues with different currencies due to the complications in the addresses and sending ways some of the times that means we should be very careful with your money.

[Nour22 252]

Thank you, my friend. For me, I was not aware of this cord that I spoke about, and after your useful post, I have an idea about this rope, which helps us make sure of the place we want to send to so that it is not wrong and we lose our money

[Brandonsaw 1973]

We must always know where to send our Theter since the ethereum and tron networks are the most common and they should not make mistakes because if they do so they could lose their money so always see to which address you are sending your theter and which network  the one of ethereum or the one of tron.

[Samahir Fatima 493]

Other then tether, we should always be careful while using a wallet. Especially when we are going to deposit or transfer money to other wallets. Because if unknowingly, you add a wrong a digit then your whole amount will transfer to other users and you will revert the process. So if you using a wallet first time, then first get the correct information about transactions.

[Camilah15! 663]

You are absolutely right. Sending of any cryptocurrency to a wrong crypto address will eventually lead to loss of fund. You need to be careful and cross-check the address before sending to avoid mistakes. Once a transaction is validated, you won't be able to retrieve your funds back.

[Dabotaifi 22]

Much obliged to you for reminding us and we should be very carefull with this tie that in the event that we are to move to a wallet to make certain to utilize the right since we may commit error in this and send the Tron Tether unintentionally to Etehreum wallet and lose everything, this is significant and thank you for the update

[Sp19a1ma019 1076]

Meaning full information on this post I cannot know more about this now I am able to now little bit information about this kind of sending. Bitcoin. 

[Shane Watson51 75]

This is absolutely true, I had a tremendous confusion once I desired to ship the Tether coin from one of the platforms, and I changed into amazed that there has been multiple deal with to receive, and I did now no longer have this facts which you defined for your subject matter approximately the addresses of the Tether, and for me I suppose that it's miles the first-rate deal with you may ship to him.  It is TRC-20 because it fees low as compared to Ethereum ERC-20

[robiul03 17]

You must have provided important information. It is not right to send or receive a cryptocurrency to the wrong address. This can lead to a loss of funds. You must not check the address before sending a cryptocurrency coin.

[Asadkhan0 150]

Yes I agree with you . Thanks for sharing this always be careful while sending tethers because there are many cases of losing crypto currency due to the wrong entry.

[scofield64 943]

Thanks for providing this information about tether. I haven't buy or sell tether before so I don't have much information about it, but with this topic that's you just provided I now know little about tether coin. 

[maarcoferrer 1096]

Thank you very much for this information, if I do not agree with this post the truth is that I would have never been informed about what this is about, the truth is very important to study thoroughly everything that is here in the forum because we find a lot of valuable content that can help us not to lose money with respect o cryptocurrencies and the world of Forex.

[Lovely0012 85]

I am a new member of this forum. I haven't got a good idea about this site yet. I don't know what Tithar is. And what to do with it. And I want to work for the development of cryptocurrency by making proper use of all these things.

 

 

[albertloz 9]

This is very important when we start using cryptos, to a person that happened this week, he was sending cryptos to an exchange through BNB's BSC network i.e. the BEP2, but he did it to an ERC20 address and lost it, it's very unfortunate, but let's always ask about this friends.