There are moments we have regular benefactors and those we may have business transactions on a regular basis with who facilitates on executing transactions without informing the other party first and take them unaware while sends the funds probably could be a usual and successful.
But while the receiver was not informed before the sender sends the funds, there are times we ends up sending the funds into one of those abandoned accounts due to insecurity activities in the Wallet address or those inaccessible Wallet addresses due to lost of seed phrases where the funds there are forever be unclaimed due to inaccessibility of the account.
So there is always a need to request for the recipient (s) to either send you their wallet address or ask to confirm if you can send to the usual address you may have transacted with the person.
This is to avoid getting your funds stuck and we know in the Crypto network especially in the non custodian wallet providers once you have lost you seed phrase and lost access to your wallet, you have lost it all forever.
This happened between an uncle and I during my school days who sent money in my dormant back account.
I am motivated to say this today after a friends cousin recently sent him Bitcoin worth of $6K from abroad and hoped was going to be an exciting surprise to him but as it is, the money has become a waste because the guy has already trashed and forgotten that wallet address the fund was sent to.
The recipient should be blamed too because benefactors or regular
business partners are ought to be notified in cases like that because funds can be sent without your notice at anytime.
How necessary do you find this post?