How to avoid wrong-network deposits
Sending to the wrong network is the #1 way people lose crypto. Avoid it.
Beginner 3 min readUpdated 5/27/2026
Risk warning. Crypto is volatile and trading involves risk, including the loss of your capital. Past performance does not guarantee future results. This content is educational and is not financial advice.
Many coins exist on multiple networks. USDT, for example, runs on TRON (TRC20), Ethereum (ERC20), and others. The address and network must match on both sides.
The rule
The network you select when you copy your Coinwaka deposit address must exactly match the network you choose when sending from the other wallet.
How to avoid losses
- On Coinwaka, pick the network first, then copy the address.
- On the sending side, select the same network.
- Send a small test amount first if you're unsure.
- Never assume — a TRC20 address is not the same as an ERC20 address even if they look similar.
Crypto sent on the wrong network is usually unrecoverable. A minute of checking saves your funds.