I want to share this article with you and for newbies as well. On how people mostly make mistakes while transferring their online wallet money to the wrong address. And I also want to share my experience so that newbies can learn from it as well.
Bit coin cash is a cryptocurreny that can't transfer BCH direct to BTC it can only transfer to
Bit coin (BTC) is also a cryptocurreny that can't transfer your money from BTC to BCH but can transfer BTC to BTC.
I wanted to send my online wallet money to my luno wallet where I can withdraw it to my bank account. At first when I created my luno address, it was on bitcoin (BTC). Then I did not change it to bit coin cash) BCH). I went straight to my online wallet which was (BCH) and paste (BTC) address on it without knowing that it wasn't changed to (BCH) address. I sent the money and saw successful, then I went to check my luno wallet if I would see incoming transaction. But to my surprise there was no incoming transaction, while in my online wallet it was successful. I didn't know what to do at first because I was a newbie. I contacted my friend that introduced me to read cash. I screen shot the transaction links and that of my luno wallet and sent it to him on WhatsApp. He gave me a feed back telling me I made a mistake by not changing my (BTC) to (BCH) in my luno wallet before pasting the address to my online wallet.
I regretted taking such steps before consulting him and that was I lost my money. And I have learnt from my mistake as well. I can now transfer my money anytime I want without loosing my money.
So please newbies if you are new at read cash and also not good at transferring your money don't hesitate to ask questions. And also make sure you were taught well on how to make use of read cash, so as not to transfer your money to the wrong address so you won't loose your money. If you don't know how to do transactions, consult the person that introduce you to read cash before taking such steps. I guess you've learnt from my experience so as not to fall victim. And also feel free to ask what you aren't sure of. Or you go and read more about READ CASH for more explanation.
It is true. This information is very useful for the newbies in the cryptocurrency industry. Thanks for discussing it.