Post
Topic
Board Bitcoin Discussion
Re: I Lost Funds When Transferring To Coinbase Because Of Wrong Network
by
EluguHcman
on 09/10/2024, 07:52:11 UTC
I transferred $500 worth of BTC from Coinbase to an online casino. No problems.
After several weeks of gambling, with a $48 profit, I withdrew the funds into my Coinbase BTC account.
I received a Warning notice from Coinbase saying that I need to use the correct network or I could lose my funds.
However, there were no options available when I made the transfer.
It's been several days, and all the money has been withdrawn from my online casino account, but I didn't receive it in my Coinbase account.

I've never experienced this before. Is this new?

https://postimg.cc/JtvgzRVJ
It is complicating to relate with this complain because network on Bitcoin transactions are very essential since transactions are being processed in the Blockchains and that is where there are varies of transaction fees depending on choice of selected na network after successful transactions is made.

So I don't know how you have been executing other transactions without the option of "preferred or select transaction network".