Beginner question

[TribalBob]

I tried it. It works. Thanks. For my sponsors and buyers, is it enough to know only my address for Bitcoin coin and not know the network?

actually you just need to look at the address prefix in your wallet on one exchange if you want to make a transaction to receive from someone else, but on the other hand if you are going to send you have to really research what network is used, usually the exchange will be given an option so you don't send the wrong message, but still make sure the letters are the beginning of your wallet

[riso2015]

The beauty of crypto and technology makes it easy for anyone, from all over the world to get a share, because of its decentralized nature, in playing crypto we need a laptop, internet smartphone and capital, we must also be at the right address, and also make sure we are on the right binance, before you make any transaction, you should study it first, and ask a friend who you trust and want to guide you.

[Pmalek]

If I choose the Bitcoin (BTC) coin, but not choose the Bitcoin (BTC) network, is it possible? Is it works?

Don't do that. That's not Bitcoin. Bitcoin exists only on Bitcoin's blockchain. I know it seems tempting to use a network where Binance charges lower transaction fees, but the asset on BSC is just an altcoin. Withdraw your coins through the BTC network and consider using exchanges with lower withdrawal fees. If you are eager to learn and want to experience a real decentralized platform, check out Bisq.

I generated new address. There are two:

• 1. address: 1392**************************1JSh (Coin: BTC) [Network: BTC - Bitcoin]
• 2. address (new): bc1q**********************************vn5t (Coin: BTC) [Network: SEGWITBTC - BTC {SegWit}]

Do I understand they can send me money to both addresses?

Do I have to tell the payer about the network or enough only one of my two addresses?

Anyone can send you Bitcoin to those two addresses. If it's Bitcoin you are after, there is no need to confuse the other party with alternative networks. May I ask why you are using Binance as a wallet? Do you want to exchange the coins you receive to those addresses for something else or what is your ultimate goal?

If you want a place to store your coins, it's much better to use a proper wallet such as Electrum that gives you access to your private keys and seed words. Binance can freeze and close your account and any coins you deposit there are theirs. Electrum doesn't have access to your funds.

[Anguwa]

Binance networks:

• BNB - BNB Beacon Chain (BEP2)
• BSC - BNB Smart Chain (BEP20)
• BTC - Bitcoin
• ETH - Ethereum (ERC20)
• SEGWITBTC - BTC(SegWit)

Which network should I choose?

Thanks.

Basically using Bitcoin network is more preferable but as stated by the OP that he wated using another network, I will prefer SEGWITHBTC (Segwit) because of low network transaction fee compare to the other once. Because any BTC that would be sent to other blockchains aside from Bitcoin network, the exchange will lock the coin and then send the equivalent value of Bitcoin to your Bitcoin wallet in the exchange.

[The Cryptovator]

OP gives the example of a Binance address which isn't good practice to receive your Bitcoin. You can't change the address there unless change the chain. Keep in mind once you receive Bitcoin in another chain that's not true Bitcoin at all, it's called warp Bitcoin. If the sender doesn't have Bitcoin in the same wallet will cause a loss or be unable to send. So because using cross-chain. Better use a non-custodial wallet to store and receive your Bitcoin. You can change your address anytime. Also, your Bitcoin will secure there unless you compromise your seed phrase.