šŸšØšŸ’” **The Harsh Reality of Cryptocurrency Transfers: $36,880 in USDT Lost!** šŸ’”šŸšØ

Hey everyone, if youā€™re a newbie in the crypto world, pay attention: a small slip can cost you a fortune! Today, a friend learned this the hard way. He made a transfer of USDT and lost a whopping $36,880! šŸ˜±

**The Fatal Mistake**:

The plan was simple: transfer $36,880 in USDT from KuCoin to a business partner's OKX wallet using the ERC20 network. But at the last minute, he mistakenly selected the **Polygon** network instead. The transfer was confirmed, but the funds never reached the recipient. OKX doesnā€™t accept deposits in Polygon, and now that $36,880 is irretrievable! šŸ’øšŸ’”

**Lessons Learned**:

1ļøāƒ£ **Beware of Network Incompatibility**: The recipient's wallet required ERC20, but he used Polygon.

2ļøāƒ£ **Irreversible Transactions**: Unlike traditional banking, once you send cryptocurrencies, thereā€™s no turning back.

**How to Avoid This Happening to You**:

šŸ” **Double-Check Wallet Details**: Always verify the recipient's address and the selected network before hitting "Confirm."

šŸ”— **Ensure Network Compatibility**: Make sure both wallets support the blockchain network youā€™re using.

šŸ’° **Run a Test Transfer**: Before sending large amounts, test with a smaller amount to ensure everything is set up correctly.

Letā€™s learn from this mistake and make sure it doesnā€™t happen again! Share this lesson with your friends so they can stay alert too! šŸ”„āœØ

#BTCNextMove