When receiving cryptocurrencies in belo, as well as when sending balances to an external wallet, it is important that you know which are the networks supported by belo for the transfers of each currency.

BTC transfers can be made from and to any type of address on the Bitcoin network.

Over time, the addresses created for sending bitcoin have evolved. Segwit addresses, for example, introduce a separation of the transaction signature from the transaction data, in order to reduce the information needed to be stored in a block.

Lightning Network was proposed from its inception to bring bitcoin to everyday transactions. Scalability was always a debate in the community and Lightning one of the most robust solutions so that bitcoin transactions can be instant and very economical.

Payment channels allow for off-chain recording of transactions made between parties, leaving only the initial and final state of that channel's balance settled on the chain.

Thus, it is possible to reduce transaction costs with operations that do not necessarily have to be stored on the Bitcoin network. These sends are credited instantly and at a very low cost, allowing for the scaling of bitcoin use for everyday exchanges.

Read: How to send bitcoin to another wallet via the Lightning Network ⚡

Ethereum is a platform that allows smart contracts to be executed on a public blockchain. Its native cryptocurrency, Ether (ETH) is sent through Ethereum addresses, which begin with "0x".

Unlike bitcoin wallets, where different addresses are linked to the same wallet, the receiving address for ETH is always the same.

ERC20 tokens are cryptographic assets that do not have their own blockchain, but reside on the Ethereum network. ERC-20 is the technical standard used to implement tokens on the blockchain, with a nature distinct from ETH.

USDT and USDC are ERC-20 tokens, and as such, it is possible to send them through Ethereum addresses.

TRC-20, like ERC-20, is a technical standard that allows tokens to be implemented on a blockchain, in this case on the TRON blockchain.

TRC-20 tokens have significant advantages. They benefit from an existing blockchain with its security guarantees, very high processing speed, and significantly lower costs than those involved in sending ERC-20 tokens.

BNB Chain is a solution developed by the Binance company that sought to present itself from the beginning as an accessible alternative to Ethereum. Despite giving up decentralization, it offers a friendly environment for transactions and favors new use cases.

Polygon is a scalability solution that comes into play to respond to frequent problems when operating with Ethereum. It seeks to provide tools to improve speed and reduce the cost and difficulties posed by transactions.

Optimism is one of the most popular scalability solutions for the Ethereum network. It aims to reduce transaction fees and the time they take to execute using a technology known as Optimistic Rollups.

Like Optimism, Arbitrum is a scalability solution that seeks to speed up and lower the cost of transactions carried out on Ethereum, taking advantage of the benefits of Optimistic Rollups.

Like other high-performance blockchains, Solana is a scalable solution that allows fast and economical transfers of USDT, USDC, and ETH, thanks to its innovative Proof of History (PoH) mechanism and its high transaction processing.

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It is important to note that it is only possible to receive the "native" version of the currency on each network. For example: it is not possible to deposit wETH via Ethereum, but only ETH. The same occurs with other networks and currencies, such as USDC, where synthetic versions (USDC.e, for example) will not be received.

If you wish to transfer to or from an external crypto wallet, it is important that you consider the minimums and sending fees for each network and currency.

Sending cryptocurrencies to a belo address without paying due attention to the integrated networks in the app for incoming and outgoing transfers can result in the loss or inability to access your funds. More information here.