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What to take into account before making a crypto transfer

Here's what you should consider before confirming your crypto transfer to an external wallet or from one of them to belo

Written by belo

Crypto transfers are irreversible šŸ”’

Cryptocurrencies run on decentralized networks. When you send funds from one address to another there is no central authority that can reverse the transaction.

Take a moment to double-check all details before sending. Once confirmed, there’s usually no way back — if you mistype an address, the funds are likely unrecoverable.

Each coin has its own supported networks

If you send a token over a network that the receiving platform does not support, your funds may be lost. Always verify network + token before confirming. The network variety can also be useful — for example, receiving Bitcoin via Lightning Network or USDā‚® via Tron can be cheaper and faster.

āœļø Networks supported by belo (examples)

Network

Supported tokens

Bitcoin

BTC

Lightning Network

BTC

Ethereum

USDā‚®, USDC, ETH, XAUā‚®

BNB Chain

USDā‚®, USDC, ETH, XAUā‚®

Polygon

USDā‚®, USDC

Arbitrum

USDā‚®, USDC, ETH

Optimism

USDā‚®, USDC, ETH

Tron

USDā‚®

Solana

USDā‚®, USDC, SOL

Plasma

USDā‚®

Base

USDC, ETH

Avalanche

USDā‚®, USDC, XAUā‚®

āš ļø Right now, Avalanche only supports withdrawals (sending) of these coins to an external wallet.

ā— Important notes

šŸ‘‰ Transfers originating from Tornado Cash are not supported.

šŸ‘‰ If you plan to deposit through a smart contract, contact support — these deposits may take 7–10 days to be credited.

šŸ‘‰ We only accept the native version of a token on each network. For example, on Ethereum we accept ETH (not wETH); similarly, USDC must be the native variant for the network (synthetic versions like USDC.e are not supported).

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