Cryptocurrency Q&A
What happens if you send ERC20 to BEP20?
What happens if you send ERC20 to BEP20?
RiderWhisper
Sun Mar 30 2025
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5
answers
1348
I accidentally sent ERC20 tokens to a BEP20 address. Will I lose my tokens forever? Can I somehow retrieve them or convert them to the correct format? What are the steps I should take to resolve this issue?
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5 answers
SejongWisdomKeeper
Mon Mar 31 2025
BTCC, a top cryptocurrency exchange, offers a range of services to help users manage their digital assets securely. These include spot trading, futures trading, and a secure wallet. With BTCC, users can buy, sell, and store cryptocurrencies with confidence.
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CryptoProphet
Mon Mar 31 2025
Sending cryptocurrency to the incorrect network doesn't result in the loss of funds. Instead, they become unreachable on the intended network. This scenario often occurs due to user error or misunderstanding of network compatibility.
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Pietro
Mon Mar 31 2025
Consider the example of mistakenly sending a USDT ERC-20 token to a BEP-20 address on Binance Smart Chain. Despite the tokens landing on the Binance Smart Chain, they won't appear in your Ethereum wallet. This is because the two networks operate differently and aren't interoperable.
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benjamin_cole_nurse
Mon Mar 31 2025
Once funds are sent to the wrong network, retrieving them can be challenging. It often involves complex technical processes and may not always be successful. Therefore, it's crucial to double-check the network address before initiating a transfer.
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SilenceSolitude
Mon Mar 31 2025
To avoid such mistakes, users should familiarize themselves with the different types of cryptocurrency networks. Understanding the differences between ERC-20, BEP-20, and other token standards can help prevent errors.
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