Mistakes people make when sending or receiving Crypto coins.

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Avatar for Rokay123
Written by
3 years ago

Most people deal not only in one Crypto currency but up to five sometimes, like Bitcoin Cash(BCH), Ethereum(ETH), Bitcoin(BTC), Ripple(XRP) etc.

They sometimes unknowingly send Crypto coins from a particular crypto wallet to a totally different Crypto wallet. For example, Sending Ethereum from an ethereum wallet to a Bitcoin Cash wallet. This doesn’t go well at the end, because they risk losing their funds completely (it goes into thin air) which is what no one would want.

So next time you are about to send let’s say Bitcoin Cash(BCH) from its wallet to another wallet, make sure the wallet receiving the BCH should or rather must be a BCH wallet.

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$ 0.30 from @Koush

Comments

Thanks a lot for display but can you also tell me how to change my fans from bitcoin cash to ETH?

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User's avatar Jacie_hughes
3 years ago

If you ask me... I wouldn't advice putting all your eggs in one basket. Especially if that particular coin experience a bull drop, you stand to lose a great deal.
Other than the fear of losing all your assets in one fall, your advice comes highly recommended.

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User's avatar TaniChris
3 years ago

Thanks for the wonderful advice in handling Bitcoin and crypto currency exchange transactions. Making sure we don't fall a victim of such mistakes is an optimal priority and u hope to be cautious and careful in handling such transactions. Well done to you

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User's avatar Means
3 years ago

Hey, the Ticker symbol for Bitcoin Cash is BCH. You have to correct that or you'll confuse the newbies even more. 😅

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User's avatar Koush
3 years ago

Thanks.. Just saw that, done that

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User's avatar Rokay123
3 years ago

Yes, im will definitely agree with you. I was holding my money in like 5 different wallets. Now Im trying to have my money on one !

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User's avatar Otsowamchodzi
3 years ago

Really good.. I guess I have to try that too.. Lol

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User's avatar Rokay123
3 years ago
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