Crypto Transaction No Get Undo Button, Shine Ya Eye

[Joeboy]

I greet una my own very people👋
And for all the new faces wey just enter crypto space as well as this our own very forum, una welcome well well. And I dey very happy say una dey here. This journey na one wey dey sweet if you get correct information. Na why oyinbo man dey always  talk say- "Information is power." Which of course dey very true.

Make I talk am as e be. Once person don move coin commot from blockchain and e dey successful, my broda my sista, e no get how you go take drag am back. The reality of this matter be say no such thing as customer care wey you go call dey talk say "I use God take beg you, please reverse my funds, na mistake I make"   The blockchain no dey hear " Abeg"

Na why e dey important make pesin always:

1) Double check wallet address: Even if na one particular wallet address wey you dey always send go all the time, still ensure say you always check and recheck coz one letter wey miss or adding an extra letter fit turn big loss.

2) Always confirm the network: You no go fit send BNB (we dey BSC network) go wallet wey only support Ethereum, con dey wait make miracle happen. Network mismatch na one of the biggest mistakes wey beginners dey make. That is why you should always be careful.

3) Do test transfer: Even if na coin worth $100 you wan send, try send like $5 first to make sure say everything balance.
N.B:This 3rd point na majorly for the first timers in crypto transaction or for those wey dey very prone to making mistakes. So that e no go too pain you if anything goes wrong.

This info no be to scare anyone. I just wan make we all dey informed especially our newbies so that no one go learn the hard way. Mistake for crypto dey painful, especially when it involves your sweat.

One love fam✌️

[Mate2237]

If am not mistaking OP a thread like This is already on the forum so I don't see the need for you to bring it up again because it's like repeating the same thread so please before you create a new thread please make sure that someone else has not created a similar thread this is because of originality of posts created on the forum.


But it's very important that while doing any crypto transactions people should be careful because just one mistake may cost you a fortune as crypto currency transactions is not like your Bank apps where you can ask for a dispute when there is an error crypto transactions are irresponsible so taking your time to verify informations before sending will be helpful

[Yablee0]

I greet una my own very people👋
And for all the new faces wey just enter crypto space as well as this our own very forum, una welcome well well. And I dey very happy say una dey here. This journey na one wey dey sweet if you get correct information. Na why oyinbo man dey always  talk say- "Information is power." Which of course dey very true.

Make I talk am as e be. Once person don move coin commot from blockchain and e dey successful, my broda my sista, e no get how you go take drag am back. The reality of this matter be say no such thing as customer care wey you go call dey talk say "I use God take beg you, please reverse my funds, na mistake I make"   The blockchain no dey hear " Abeg"

Na why e dey important make pesin always:

1) Double check wallet address: Even if na one particular wallet address wey you dey always send go all the time, still ensure say you always check and recheck coz one letter wey miss or adding an extra letter fit turn big loss.

2) Always confirm the network: You no go fit send BNB (we dey BSC network) go wallet wey only support Ethereum, con dey wait make miracle happen. Network mismatch na one of the biggest mistakes wey beginners dey make. That is why you should always be careful.

3) Do test transfer: Even if na coin worth $100 you wan send, try send like $5 first to make sure say everything balance.
N.B:This 3rd point na majorly for the first timers in crypto transaction or for those wey dey very prone to making mistakes. So that e no go too pain you if anything goes wrong.

This info no be to scare anyone. I just wan make we all dey informed especially our newbies so that no one go learn the hard way. Mistake for crypto dey painful, especially when it involves your sweat.

One love fam✌️

Nice one bro, this is like a wake up call to every folks in the crypto space to be more careful while carrying out their various transactions because once any  transaction is done it cannot be reverse, any slight mistake can cause you your lifetime hustle, so be extremely careful and comfirm if you are actually sending to correct wallet address  otherwise you will learn the hard way.

[Youngrebel]

That is one of the biggest disadvantage of the crypto transaction. Whenever you click the sent or okay button of the transaction there is no going back again but I was made to understand that the newly Fiat Micro Financial Banks have a reverse/undo button to reverse the already sent money back to the sender if he thinks say the person wey him sent the money go is untrusted. And I believed this will good for the wrong transaction.
But you have to notice it with 2 or 3 seconds.

[Iroh]

Although i think this should be common knowledge, it really doesn't hurt to continue to reiterate it. For the benefit of newbies if anything.
A transaction that has been confirmed cannot be reversed so it's best to literally shine your eyes when trying to make a transaction. If a mistake is made, your funds could be lost and there wouldn't be a manager you could call to complain to for a reversal or to make a complaint.
With bitcoin, you are your own bank and should have full control of your funds. We ought to be responsible enough to know/doubke check the address before making a transaction.

[Lembo69]

Every transaction should be done carefully before it happens! Because if you are not careful, there are difficulties or risks in the transaction. Which forces you to lose your money! Check the wallet you will transfer to well in advance or pay attention to the tap button. Because one wrong step before the transaction can be the reason for losing your money. And if you lose this money, you will not be able to get it back even if you try a hundred times. And Kipto will not accept any responsibility. Check the transaction 3-4 times in advance.

[Ever-young]

That is one of the biggest disadvantage of the crypto transaction. Whenever you click the sent or okay button of the transaction there is no going back again but I was made to understand that the newly Fiat Micro Financial Banks have a reverse/undo button to reverse the already sent money back to the sender if he thinks say the person wey him sent the money go is untrusted. And I believed this will good for the wrong transaction.
But you have to notice it with 2 or 3 seconds.

Na true talk, na e be why person gats to shine their eyes well, read the write up well before you fit proceed with the go ahead button, if possible, make you read am like two or three times to be sure of wetin u won do.

Make person no fit go press button, before person go realize emself, the stuff don already proceed, and then, the mistakes has already been done, if the mistake lead to good results, e make sense but if e lead to bad results, that one don go, and you go come dey regret why you no read well before proceeding.

[Nightwatchmare]

3) Do test transfer: Even if na coin worth $100 you wan send, try send like $5 first to make sure say everything balance.
N.B:This 3rd point na majorly for the first timers in crypto transaction or for those wey dey very prone to making mistakes. So that e no go too pain you if anything goes wrong.

This info no be to scare anyone. I just wan make we all dey informed especially our newbies so that no one go learn the hard way. Mistake for crypto dey painful, especially when it involves your sweat.

One love fam✌️

I think the 3rd point isn't majorly for the first-timers in crypto transactions because even the pros in crypto use that technique whenever they are sending crypto with a blockchain they have never used before; they will first send a small amount of crypto to be sure they will receive it at the address they sent it to before they send the remaining crypto to avoid any loss.