Post
Topic
Board Bitcoin Discussion
Re: Sending Crypto to the wrong address
by
xSkylarx
on 09/05/2022, 11:53:02 UTC


  • Did it happen to you?
  • How comfortable are you every time you transfer to a remote address?
  • Would you be more comfortable using a helper?
  • What do you use today to mitigate this risk?

Actually sending crypto from one wallet address to another requires a very high concentration of the sender, anytime I wanted to send a crypto coin to a particular address, I do check and check the address again to avoid lost of coin because any coin sent to wrong wallet address is gone completely. Therefore more care should be taken while sending coin.
It is not just concentration, also paying attention to it and triple checking the address because if it is wrong, it is gone forever. I've been in crypto for 4 years now and have not sent a single transaction to the wrong address because I am not dumb and also very cautious about it because that is money we are transacting with. Although you have good intentions to reduce it, it can still be prevented by only checking it thrice.