Why crypto transfers can fail and what you must check before sending
Crypto transfers fail more often than most people realize, but user attentiveness can stop most losses.
What’s often marketed as a seamless, borderless system can become frustrating when transfers fail, with no customer service hotline to call and no easy recourse to reverse mistakes. In the crypto universe, the burden of getting it right falls squarely on the shoulders of the user.
But here’s the encouraging part: Most failures are preventable. Understanding why crypto transfers fail can help users avoid costly missteps, navigate the quirks of different networks and send funds with far greater confidence. With a little preparation, you can sidestep common pitfalls and take control of your crypto experience.
Did you know? According to a recent survey, 37% of people cite security risks as the most significant barrier to adopting crypto