Check currency and network

The same asset may be circulated on multiple blockchain networks. Before sending, you must ensure that both the sender and the payee support the same assets and the same network; similar address formats do not mean network compatibility. Once an on-chain transfer is completed, it usually cannot be reversed.

Checklist for this step

• Confirm the asset name and network name on both ends.
• Check which native asset the network fee is paid by.
• Don't judge compatibility based on address prefixes alone.

Official further readingKraken’s guide to sending and receiving crypto assetsOpen in new tab ↗