Same deposit addresses for ETH, ETC, MUSIC, EXP, ESN and ERC-20 tokens
Dove Wallet provides same deposit addresses for ETH, ETC, MUSIC, EXP, ESN and ERC-20 tokens to prevent losing funds due to depositing to wrong address.
Even though you sent to wrong address between those currencies, Dove Wallet will automatically credit funds into the right wallet.
Blockchain wallet address is pretty hard than a bank account in existence. Sometimes people struggle to send/receive because of the intricate address and confusing symbols like ETH, ETC.
Here is the case that we all may face.
Jackie promised to send her ETH to David today. She logged in her wallet account, typed David’s wallet address on the receiver’s address, and clicked ‘Send’!
She left a message that she completed her transaction to David, and slept. In the morning, she woke up by message alert.
“Hi, it’s David. I’m sorry, but I gave you the wrong address! It wasn’t ETH address, but my ETC instead. I was so confused!”
Since most wallet service provides different addresses for ETH, ETC, David would have to pay extra money to the wallet service, and wait for a week. Or maybe it can be totally unrecoverable forever.
You don’t need to worry about such story on Dove Wallet. Check the image below. On this image, you will see the same address on ETH, ETC.
You will receive your ETH on the story like above without an extra fee, time, and effort.
However, this same address rule does not apply to all currencies.
Only ETH, ETC, EXP, ESN, ERC-20 tokens share the same address because it’s known to be safe from replay attacks. Dove Wallet does not provide the same address for other currencies like BTC, BCH.
FYI, please do not send funds from smart contracts to Dove Wallet currently.
Smart contract triggered transactions are not recognized automatically, would need extra support and time for us to deposit to your account. We will provide automatic contract monitoring system soon.
Super happy!
