Post
Topic
Board Beginners & Help
Re: Bitcoin Address
by
Oshosondy
on 14/04/2021, 11:30:42 UTC
Hello, Since i learnt that this address 12NdNbkdSafXA5AupGn2xEBooYCdQCtP9U belongs to Binance, I am trying to minimize fee by using the correct network fee to withdraw Bitcoin, On the first option Binance Chain (BNB) it said The address does not match the currently selected network, On the second option Binance Smart Chain (BSC) it ask to confirm that the platform you are withdrawing to supports the BSC network?
You will need to send it to BTC (address that start with 1) or BTC segwit (address that start with 1 for native and 3 for compatible). But this will cost you high amount of fee but the three are the only one belonging to bitcoin blockchain.

However, if you have a wallet that support ERC20, the address can support coins that are pegged with bitcoin such as wBTC and renBTC. But they are not real bitcoin but altcoin that are pegged with bitcoin, also goes the BSC (BEP20).

Off you want to send to real bitcoin block address, you will use BTC or BTC segwit.