#Marvin #BIO开盘 #比特币诞生16周年 #币安Alpha上新 #比特币走势观察 Blood Loss 26800 USD! USDT Transfer Error Warning

Just last month, a friend of mine took a hard fall in the world of cryptocurrency. During a USDT transfer, something went wrong, leading to a loss of up to 26800 USD. This painful experience has sounded the alarm for everyone involved in cryptocurrency: there are too many variables in this market, and even the smallest detail can stir up a big storm.

How the tragedy occurred

My friend intended to transfer 25500 USD worth of USDT from KuCoin to a business partner, who provided an OKX wallet address, explicitly stating it was on the ERC20 network. However, my friend was careless and mistakenly selected the Polygon network during the transfer operation, completely unaware. After clicking the confirmation button, the money instantly left the account, but the other party at the OKX wallet was left waiting, receiving not a single cent.

Afterwards, all efforts to remedy the situation were in vain. Why? Because the OKX wallet simply does not accept transfers from the Polygon network. Now, the USDT has seemingly vanished into thin air, resulting in significant losses that cannot be recovered.

Lessons that must be learned

1. Network Compatibility Mistake: Just having the correct address is not enough; selecting an incompatible network guarantees the transfer will fail.

2. No Regrets in Transfers: Unlike bank transfers, once a cryptocurrency transaction is confirmed, it's final. If you make a mistake, there’s no way to reverse it; you have to bear the loss yourself.

Risk Mitigation Guidelines

1. Double-check the address: Before initiating a transfer, meticulously verify the wallet address and the corresponding network; don't overlook a single character.

2. Confirm the network first: Ensure the selected transfer network matches the receiving wallet; don’t let network issues cause your money to go to waste.

3. Test with small amounts: Before making a large transfer, try sending a small amount first. If that goes well, then proceed with the larger transfer; safety first.

Potential Tips

The cryptocurrency market is ever-changing, so don't forget to keep an eye on Marvin on the Ethereum chain, which is associated with the concept of Musk. It has great potential to become a dark horse among meme coins. Stay tuned; you might get a big surprise one day.