First withdraw using bitcoin/usdt with binance, network ?

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Arnakk2424

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Hello on a previous post (https://www.cardschat.com/forum/pok...ls-54/cryptocurrency-deposit-withdraw-504862/)
I asked about wallet, etc.
Both of the user suggest binance so I register, etc.
Now its time to select a network
I have read this FAQ https://www.binance.com/en/support/faq/115003764971 explaining how to "Depot Cypto"
Its pretty well explained but I'm not entirely sure.
DO NOT select the cheapest fee option. Select the one that is compatible with the external platform.
Click to expand...
Since Its bitcoin I assume the correct network is BTC (bitcoin) and for USDT its ERC20 or I'm wrong ?
Also, if i'm correct way the first suggestion is always BSC(BEP20) ?


Thank you
good luck at the table
 
"Since Its bitcoin I assume the correct network is BTC (bitcoin) and for USDT its ERC20 or I'm wrong ?"

Yes and yes. USDT has multiple networks, the most commonly used being ERC20

Make sure you know from which network you're sending first then
a good thing to do as an added precaution is search for the deposit address on a block explorer to be sure its on the right network.
 
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Tigroslav said:
"Since Its bitcoin I assume the correct network is BTC (bitcoin) and for USDT its ERC20 or I'm wrong ?"

Yes and yes. USDT has multiple networks, the most commonly used being ERC20

Make sure you know from which network you're sending first then
a good thing to do as an added precaution is search for the deposit address on a block explorer to be sure its on the right network.
Click to expand...


Thanks its very useful for me to deposit fund (my binance ------> poker site)
But when you withdraw (Poker Site -----> binance) , they only ask for my address so I have to assume they are going to send ERC20 (in case of USDT)
 
Arnakk2424 said:
Thanks its very useful for me to deposit fund (my binance ------> Poker Site)
But when you withdraw (Poker Site -----> binance) , they only ask for my address so I have to assume they are going to send ERC20 (in case of USDT)
Click to expand...

Thats most likely a correct assumption but to be sure

send a support ticket to your poker site and ask which network they are using for USDT.

edit: If you dont have time to wait for support to answer try this...

go to deposit USDT on the poker site and see if there is a tag "only send USDT ERC20 to this address"

usualy there is such warnings. Then you can be sure they use that same network for withdrawals.

As long as there is no switch network option.
 
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Tigroslav said:
Thats most likely a correct assumption but to be sure

send a support ticket to your poker site and ask which network they are using for USDT.
Click to expand...
Yeah I guess I should ask to make sure
Thanks for your help !
 
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