Crypto Life (CL)
2 min readMar 3, 2023

Your Transfer Guideline

Transferring funds and initiating transfers can be stressful, and no one wants that kind of hassle in their life. When you transfer your funds, you want them to reach the receiver’s account quickly, and without the risk of losing them.

So, how can we avoid this?

Before transferring funds from one account to another, you have to make sure that you have the right information. These transfer details vary, based on the type of transfer. Hence, you need to always check in advance the transfer details.

Let’s use the CL platform as an example. On our platform, we only support:

  • Ethereum (ERC20) stablecoins, including USDT, USDC and EURT.
  • BXX sent from an ERC20 network
  • Bitcoin (BTC) tokens sent from the Bitcoin network.

Please keep in mind that by sending assets through the wrong network, they are at risk of being lost.

To avoid this, please double-check to ensure that the network you’re sending from is Ethereum (ERC20) for BXX and supported stablecoins, and the Bitcoin network for BTC.

When using the CL Platform, this is how it should look when you fund your account:

Overall, we want to ensure that our customers can use the CL platform without hassle. That’s why we ask you to keep this guide in mind, so you can continue to enjoy the platform and transfer funds with ease.