How I lose my coins (don't fall for it too)

By thierrysion | Crypto fans | 5 Apr 2022


Hello everyone, I write this post today to share with you how I lose some coins and perhaphs help some of you to avoid doing the same mistake.

I have always been a fan of solutions to earn free coins; I had come across a site call betfury a social crypto gaming platform. They had introduced their own token call "BFG" you could earn through free box, staking, farming or playing proposed games. After making some coins on the platform (approximatively 1600 coins) I wanted to retrieve it on my Binance account and it is then I have lose all of them. For those who don't know yet BinanceΒ is a cryptocurrency exchange which is the largest exchange in the world in terms of daily trading volume of cryptocurrencies.

What I did incorrectly is sending my "Fun" token my "Fun" token wallet on Binance. You don't catch yet? let me explain:

  • BFG and Fun are different tokens;
  • BFG is launched on BSC while FUN is on Ethereum (two different blockchains);
  • BFG is not even yet listed on Binance.

At first I didn't realise what I had done so I was waiting to see my account credited. 8 hours later I started to have doubts and came back to check the transaction then I found what was wrong. I didn't despair but tried to look for solution to correct my mistake. I have found some methods I could use but in my case it was impossible as I have transfered the funds on an exchange address.

So to conclude this post, I have to ask you to be careful when you are transfering your funds. You should always make sure that you are using the right crypto and the right network to transfert.

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thierrysion
thierrysion

fan of new technologies and always in research of new opportunities


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