All lessons
Networks, addresses and transfers
A familiar-looking address is not enough. The destination network and the asset must match as well.
Check the complete transfer route rather than the address alone.
A destination address is only one part of a transfer. The sending and receiving services must support the same network and asset. Similar-looking addresses on different networks do not establish that a platform will credit a deposit.
Some services require a memo or tag to identify the customer's balance. Token contracts distinguish assets that share a name. Network fees may require the native asset even when transferring a different token, and withdrawal fees can be separate platform charges.
Pending, included and finalized are different states. Required confirmations vary by service and chain conditions. A transaction identifier helps investigate status but is not proof that the receiving platform has credited the correct customer. Treat recovery from mistakes as uncertain.
Let’s use numbers · hypothetical example
Hypothetical checklist: asset X, network N, exact recipient, required memo and supported contract all match. If the platform supports only network M, a familiar address prefix does not make sending on N acceptable.
Keep in mind
Do not send real funds as this lesson's exercise. Confirmed transactions are often irreversible.
Your turn
Create a fictional transfer form and mark five checks. Explain why a small test would not remove all remaining risk.
A quick check before we move on
Is a matching address format sufficient?
- Only for large transfers
- No; network, asset and service support must match
- Yes
Check answer
No; network, asset and service support must match Address appearance does not establish crediting compatibility.
Sources and further reading
Content reviewed: 29 October 2026
Educational material with hypothetical examples. Trading can cause substantial losses. A course, pattern, stop order or past result cannot guarantee a profit or limit every loss. Practise in simulation and check current rules and product terms in your jurisdiction.