The 'Stunning Trap' of Crypto Transfers! $25,500 USDT Mistakenly Transferred, Unveiling a Hidden Corner of the Industry
I have to tell you all something, this really hurts my heart. A month ago, my close friend made a huge mistake in a crypto transfer and lost $25,500 worth of USDT. Even now, thinking back on it, I still feel uneasy.
My friend originally intended to transfer $25,500 USDT from his KuCoin account to his business partner. His partner gave him an ERC20 network wallet address, saying that this would ensure a smooth transfer. But who would have thought the problem arose right there.
While setting up the transfer, my friend accidentally selected the wrong network, choosing the Polygon network instead of the intended ERC20. He didn't pay attention at the time and confirmed the transaction just like that. As a result, the money was deducted from his account but never arrived at his partner's OKX wallet.
They tried many times afterward to recover the money but were unsuccessful. The OKX wallet address simply does not support deposits through the Polygon network, and the money just went down the drain.
This incident served as a wake-up call for us, friends. In the crypto world, one really needs to be extremely careful; a small mistake can lead to falling into a pit. You must carefully check your information and can't be careless at all.
Just like this time, the network mismatch prevented the transfer. Moreover, cryptocurrency transfers are not like traditional banking; once confirmed, they cannot be reversed, and if something goes wrong, you can't retrieve it.
Therefore, in future transfers, everyone must remember to check the wallet address and confirm whether the network matches. If you're unsure, you can first send a small test transaction to confirm.
My friend really took a big hit this time, and I hope everyone can learn from his experience and not make the same mistake again.
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