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Version 1
Last scraped
Edited on 15/08/2025, 10:20:31 UTC
If you use some exchange of some sort, perhaps you are a trader and have been able to get some profits from your Bitcoin trades or you’re a merchant that got paid in Bitcoin using an exchange address instead of your nonenon custodian wallet and very much, any means you might receive cryptos but, didn’t use a more compliant nonenon custodian wallet but used an exchange instead.
I know this isn’t idea but, some might prefer it for reasons related to maintaining privacy, not wanting associates to link them to an address maybe. Be that as it may, when trying to withdraw from an exchange, you always get a warning that, you only get to withdraw on the right network or chain else, you face the possible risk of losing the coin. Here is an example from 2 different exchanges:
In the event of a Bitcoin investor, trader or regular user ignores this warning probably due to an oversight or ignorance and proceeds to send a transaction to the wrong chain or network,
Does this kind of transactions ever get processed?
Where does the transaction ends?
Does the chain used in transactions notifies or invalidates an address?
I haven’t made the error of sending transactions to the wrong chain but, I’m just curious in any eventuality. It’s often started that, these are likely irreversible as it’s the nature of Bitcoin transactions or cryptocurrency transactions as a whole. So, it’s best we get it right and what to do in any eventuality.
I know this isn’t idea but, some might prefer it for reasons related to maintaining privacy, not wanting associates to link them to an address maybe. Be that as it may, when trying to withdraw from an exchange, you always get a warning that, you only get to withdraw on the right network or chain else, you face the possible risk of losing the coin. Here is an example from 2 different exchanges:
In the event of a Bitcoin investor, trader or regular user ignores this warning probably due to an oversight or ignorance and proceeds to send a transaction to the wrong chain or network,
Does this kind of transactions ever get processed?
Where does the transaction ends?
Does the chain used in transactions notifies or invalidates an address?
I haven’t made the error of sending transactions to the wrong chain but, I’m just curious in any eventuality. It’s often started that, these are likely irreversible as it’s the nature of Bitcoin transactions or cryptocurrency transactions as a whole. So, it’s best we get it right and what to do in any eventuality.
Original archived Wrong chain transactions, where does it end?
Scraped on 08/08/2025, 10:20:59 UTC
If you use some exchange of some sort, perhaps you are a trader and have been able to get some profits from your Bitcoin trades or you’re a merchant that got paid in Bitcoin using an exchange address instead of your none custodian wallet and very much, any means you might receive cryptos but, didn’t use a more compliant none custodian wallet but used an exchange instead.
I know this isn’t idea but, some might prefer it for reasons related to maintaining privacy, not wanting associates to link them to an address maybe. Be that as it may, when trying to withdraw from an exchange, you always get a warning that, you only get to withdraw on the right network or chain else, you face the possible risk of losing the coin. Here is an example from 2 different exchanges:
In the event of a Bitcoin investor, trader or regular user ignores this warning probably due to an oversight or ignorance and proceeds to send a transaction to the wrong chain or network,
Does this kind of transactions ever get processed?
Where does the transaction ends?
Does the chain used in transactions notifies or invalidates an address?
I haven’t made the error of sending transactions to the wrong chain but, I’m just curious in any eventuality. It’s often started that, these are likely irreversible as it’s the nature of Bitcoin transactions or cryptocurrency transactions as a whole. So, it’s best we get it right and what to do in any eventuality.
I know this isn’t idea but, some might prefer it for reasons related to maintaining privacy, not wanting associates to link them to an address maybe. Be that as it may, when trying to withdraw from an exchange, you always get a warning that, you only get to withdraw on the right network or chain else, you face the possible risk of losing the coin. Here is an example from 2 different exchanges:
In the event of a Bitcoin investor, trader or regular user ignores this warning probably due to an oversight or ignorance and proceeds to send a transaction to the wrong chain or network,
Does this kind of transactions ever get processed?
Where does the transaction ends?
Does the chain used in transactions notifies or invalidates an address?
I haven’t made the error of sending transactions to the wrong chain but, I’m just curious in any eventuality. It’s often started that, these are likely irreversible as it’s the nature of Bitcoin transactions or cryptocurrency transactions as a whole. So, it’s best we get it right and what to do in any eventuality.