Sending Crypto to the wrong address

[Issa56]

It will be happened to all the people in this forum for at least one time.Even it was happened to me also.But my luck,it was not a big amount.I think it was around of 60 dollars.While copying and pasting,I had made some mistake.Then I had contacted the support of that exchange.They said it was loss.Because of the wrong address.It’s better to recheck the address for 5 times to skip such problems.

Whenever you are sending a coin and you don't know the chain which the receiver send to you, always try and ask the person for the chain and whenever yih are sending always be focused to avoid those kind of mistake, mostly the people that make this kind of mistake are the newbies that don't know anything about cryptocurrency, if you ask them to send wallet address, they always endup sending the wrong chain. I think we should be very careful whenever we are making transaction. Thanks!!!

[Kelvinid]

Whenever you are sending a coin and you don't know the chain which the receiver send to you, always try and ask the person for the chain and whenever yih are sending always be focused to avoid those kind of mistake, mostly the people that make this kind of mistake are the newbies that don't know anything about cryptocurrency, if you ask them to send wallet address, they always endup sending the wrong chain. I think we should be very careful whenever we are making transaction. Thanks!!!

It never just happens to newbies, such a mistake is also possible for an old user who is in the hurry to send and is not able to copy the address correctly. Remember that transactions are not reversible, in the case that it is sent to the wrong address it is likely we can't get it back. You're so lucky if someone will contact you and ask your address but that was rare as this receiver also does not know who sends them. And not even you know who is the holder of that wallet.

[Lanatsa]

Whenever you are sending a coin and you don't know the chain which the receiver send to you, always try and ask the person for the chain and whenever yih are sending always be focused to avoid those kind of mistake, mostly the people that make this kind of mistake are the newbies that don't know anything about cryptocurrency, if you ask them to send wallet address, they always endup sending the wrong chain. I think we should be very careful whenever we are making transaction. Thanks!!!

It never just happens to newbies, such a mistake is also possible for an old user who is in the hurry to send and is not able to copy the address correctly. Remember that transactions are not reversible, in the case that it is sent to the wrong address it is likely we can't get it back. You're so lucky if someone will contact you and ask your address but that was rare as this receiver also does not know who sends them. And not even you know who is the holder of that wallet.

No noob or experience/pro would really be that exempted on losing his coins whenever you do make yourself in a rush on pasting or copying up address because it would really still result on the same fate thats why

whenever you do make out some transfers then always consider out on double or triple checking it before you do press that sent button because those coins would really be lost forever on the time

that you had just mistakently inputted a wrong one or even just losing 1 character which means that it would be a human error which you cant really able to take it back.

[GigaBit]

The difference between the traditional system and the cryptocurrency is that once the money is transferred to the cryptocurrency, it is never possible to get it back in any way. Only possible if the receiver re-sends. So you have to be very careful while doing every transaction otherwise have the possibility to lost your assets.

[virasog]

We're developing something to reduce human error in crypto transactions, especially those in which some mistake was made when writing the receiver address.
Can you guys help us have a greater perception on the user side?

• Did it happen to you?
• How comfortable are you every time you transfer to a remote address?
• Would you be more comfortable using a helper?
• What do you use today to mitigate this risk?

Thanks

The good thing is that i never sent bitcoin to the wrong address. However, i have heard many people sending bitcoin to wrong addresses. Sometimes it happens because of human mistake but at other times there is a malware du to which the bitcoin send to the wrong address.
The simple way to avoid this mistake, is to double check the sender address after pasting it in the wallet withdrawal window.

[Cryptomiles1]

Maybe sometimes being extra careful could help reduced the risk
What i mostly do is that whenever trying to send out payment or executing a transaction i would asked the receiver to place confirm the address again before initiating the transaction. just as OP said before.

[777Jolami]

Sending your crypto to the wrong wallet address also results in the permanent loss of it.
 This is a mistake that is still very easy to make even if you have been in the market for a relatively long time because wallet addresses are all long strings of characters that look almost identical.  so you should carefully double check before sending.

[coupable]

• Did it happen to you?

No.  Not Yet!

• How comfortable are you every time you transfer to a remote address?

I really prefer the regular way to send to a unique address. I did always avoid using intermediary methods.

• Would you be more comfortable using a helper?

I should be more confortable as he the helper will be responsible. however, i used to broadcast transactions by myself without any issue since my first start with bitcoin. So why should i need for a helper.
New comers may chose helper for a better experience.

• What do you use today to mitigate this risk?

Hold safe my keys. Only spend funds from an off-line device.

[Vandi666]

Anyone understand this?   I transferred bitcoin from coinbase to ledger live (nano s). When watching account on ledger, almost 70.00 MORE than I sent appeared in my ledger live account. The money I sent from coinbase was all that was in there. Now I can't make further transactions from that ledger account. Obviously someone else's money got into mine? What to do? I don't want to keep someone's money.

[tazmantasik]

Sending your crypto to the wrong wallet address also results in the permanent loss of it.
 This is a mistake that is still very easy to make even if you have been in the market for a relatively long time because wallet addresses are all long strings of characters that look almost identical.  so you should carefully double check before sending.

Permanently loss all fund when use wrong address, I think not only with wrong address will make fund losing but also left one letter only will loss all fund and not have choose with cancel sending transaction after left one words of address. Maybe on Binance or other exchange market have option with saving address and give less risk made mistake when saving fund, but when sending to new address keep manually added address and we need really be careful and check more than one time have been correct address or not before try to sent funds.

[Mr.sprin]

Before sending tokens, it would be nice to check the address first, whether it's correct or not, most people don't pay attention to the intended address if I think they are careless. If the address is wrong, you can't take it back unless the recipient wants to return it.

[mRTHroo]

The good thing is that i never sent bitcoin to the wrong address. However, i have heard many people sending bitcoin to wrong addresses. Sometimes it happens because of human mistake but at other times there is a malware du to which the bitcoin send to the wrong address.
The simple way to avoid this mistake, is to double check the sender address after pasting it in the wallet withdrawal window.

You have said many beautiful things. Not only Bitcoin but all coins or tokens should be transacted after receiving the address of the recipient while transacting and checking again because the address is correct. If correct then the transaction should be done. Then more caution will be exercised.

[verita1]

An error sending a transaction occurred to me when I was handling multiple addresses. Fortunately, I was the owner of the wallet.
That made me think that I should be more orderly when sending my coins, double check and send the coin.
Currently, there are several applications that ask you first if you are sure to send the transaction and thus click on the confirm button.
From this experience I learned not to rush, the first thing we should do is make sure that the coin is sent to the correct address.

[DanWalker]

We're developing something to reduce human error in crypto transactions, especially those in which some mistake was made when writing the receiver address.
Can you guys help us have a greater perception on the user side?

• Did it happen to you?
• How comfortable are you every time you transfer to a remote address?
• Would you be more comfortable using a helper?
• What do you use today to mitigate this risk?

Thanks

The good thing is that i never sent bitcoin to the wrong address. However, i have heard many people sending bitcoin to wrong addresses. Sometimes it happens because of human mistake but at other times there is a malware du to which the bitcoin send to the wrong address.
The simple way to avoid this mistake, is to double check the sender address after pasting it in the wallet withdrawal window.

Just be careful before transferring money, we will avoid the risk, I always copy the wallet address and check and recheck 3 to 4 times before pressing the send button.
We should not rush, always remember that crypto transfer is not like a bank transfer once an order has been sent there is no way to get it back so don't do it wrong.

[CaVO32]

Before sending tokens, it would be nice to check the address first, whether it's correct or not, most people don't pay attention to the intended address if I think they are careless. If the address is wrong, you can't take it back unless the recipient wants to return it.

This is why before sending the click button, you need to make sure you entered the correct address. Also, if I may add, check also if you are in the right network. Nowadays, we have different networks available already especially if you are talking with tokens, not only ETH but BSC, SOL, AVAX, FTM and others. So check the receiving address about the network as well as the originating address. It is very hard to get back your tokens if you sent it to the wrong network. Not many platforms will entertain you to recover your tokens if you made a mistake with the network.

[nur rochid]

Before sending tokens, it would be nice to check the address first, whether it's correct or not, most people don't pay attention to the intended address if I think they are careless. If the address is wrong, you can't take it back unless the recipient wants to return it.

This is why before sending the click button, you need to make sure you entered the correct address. Also, if I may add, check also if you are in the right network. Nowadays, we have different networks available already especially if you are talking with tokens, not only ETH but BSC, SOL, AVAX, FTM and others. So check the receiving address about the network as well as the originating address. It is very hard to get back your tokens if you sent it to the wrong network. Not many platforms will entertain you to recover your tokens if you made a mistake with the network.

if it's the wrong network, I think there will be a notification if it can't be continued for the transfer process, or else the token will still be received on the network that was made for the transfer. wrong address at the time of delivery is possible. besides we have to re-check, I don't think we should lose our concentration when making deliveries, sometimes we seem to reflexively click on the shipping steps smoothly, but it turns out to be the wrong address

[TheGhostMan]

Personally, I have never had a problem of this nature because I directly take my precautions since I have acquaintances that this has happened to them and unfortunately they have never been able to recover the transaction (they lose their property). That is why when I hear problems on this topic every time I carry out these activities, I check the address and data two and even three times, verifying everything so that I do not get these errors that more than one person is presented with for not being cautious or, in short, very careless.

[livingfree]

Sending to a wrong address could only lead to two reasons, first, you really have been wrong with it and you copied the wrong address. Second, you're a victim of a malware that changes the copied address.

Did it happen to you?

No.

How comfortable are you every time you transfer to a remote address?

100%.

I'm checking it many times before pressing that send button.

Would you be more comfortable using a helper?

Yes but after that, he/she should learn from it because if a mistake is being done, I might even be accused that have replaced the address by a newbie.

What do you use today to mitigate this risk?

Buy at dips and accept that the market is always volatile no matter how careful you are.

[Bobrox]

Before sending tokens, it would be nice to check the address first, whether it's correct or not, most people don't pay attention to the intended address if I think they are careless. If the address is wrong, you can't take it back unless the recipient wants to return it.

This is why before sending the click button, you need to make sure you entered the correct address. Also, if I may add, check also if you are in the right network. Nowadays, we have different networks available already especially if you are talking with tokens, not only ETH but BSC, SOL, AVAX, FTM and others. So check the receiving address about the network as well as the originating address. It is very hard to get back your tokens if you sent it to the wrong network. Not many platforms will entertain you to recover your tokens if you made a mistake with the network.

Usually have an exchange with add manually sending address and we can check manually have use correct address or not before sending coins, I think experience trader or investor will be careful when sending coin never hurry up actually with bitcoin have stable price although late few minutes sending coin. Next time for every one when sending bitcoin assets keep check again have use correct address or not before sending coin because after entry sending never have cancel option.

[goldkingcoiner]

We're developing something to reduce human error in crypto transactions, especially those in which some mistake was made when writing the receiver address.
Can you guys help us have a greater perception on the user side?

• Did it happen to you?
• How comfortable are you every time you transfer to a remote address?
• Would you be more comfortable using a helper?
• What do you use today to mitigate this risk?

Thanks

Honestly my biggest fear is not accidently sending crypto transactions to the wrong address, but rather having my seed phrase hacked, or even having my clipboard highjacked. You copy the right address, but post the hackers address. And if you don't catch your mistake that money is gone forever. It has not happened to me yet, I triple and quadruple check my addresses and always attempt a good OPSEC. But I am never comfortable 100% with sending anything. I would not use a helper as that is just another liability. The best way to mitigate such risks is just to be vigilant and always on alert. Use your brains and nothing can go wrong.