fiatasset
Security & Networkā€¢ā±ļø 6 min

Choosing the right blockchain network and transfer safety

Selecting the wrong network or omitting a memo tag can permanently lose your funds. Learn the critical rules of cross-exchange transfers.

1

Always match networks exactly

Sending USDT on TRC-20 to an ERC-20 address can result in lost assets. Ensure both the withdrawal and deposit exchange support the exact same network.

2

Destination tags and memos (XRP, XLM)

Centralized exchanges use a single master wallet for all users and distinguish accounts via destination tags. Omitting this tag halts automatic deposit crediting.

3

Withdrawal fee comparison

Ethereum mainnet withdrawals can cost $5 to $20, while TRON or Solana transfers typically cost under $1. Factor withdrawal fees into your net arbitrage calculation.

šŸ“Œ Fiatasset Calculation Methodology

These principles form the foundation of Fiatasset's real-time cost and arbitrage calculation models. Inspect our methodology page for exact formulas and data assumptions.

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Test Your Knowledge with Live Market Data

Enter your budget to calculate real net quantities across exchanges or open the live terminal.

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Choosing the right blockchain network and transfer safety | fiatasset