After the transfer, sometimes the transfer has not arrived. Many users are very anxious and even think that their coins are lost. Tokenview received a help-seeking email from a user nicknamed Harbor. The email stated that the user lost USDT during the USDT transfer. The user provided the withdrawal address, transaction ID, receiving address, transfer amount and transfer time, and asked if it could be retrieved.
First of all, we need to determine the reason for the non-account. Generally speaking, there are four reasons why the transfer does not arrive:
1. Wrong address
2. The network is congested and the account has not yet been received
3. The number of confirmations has not reached the standard and has not yet been recorded
4. The transaction fee is insufficient and the transaction is returned
Lets analyze them one by one. In the first case, the address is wrong. There are roughly two situations where the address is filled incorrectly. The first situation is that the address type is incorrectly filled, or the format is wrong. In this case, the transfer may not go smoothly, and the corresponding wallet software will prompt. If the transaction cannot be initiated, there will be no coin loss. However, it is not impossible to initiate a transaction if the type is filled in incorrectly. For example, if we withdraw USDT-OMNI to USDT-ERC20, we will lose coins, so the lost coins cannot be retrieved. The second situation is that the address is Zhangguan Lidai, which is the corresponding address on the chain, but it is wrongly filled in as someone elses address. In this case, the transaction will be initiated smoothly, and at this time, after the transaction is on the chain, based on the irreversible characteristics of the blockchain, no one can withdraw the transaction unless the receiver transfers the currency back to the original address for some reason.
How to judge whether the receiving address is filled in incorrectly? We copy the transaction ID, or directly copy our own transfer address, and query it through the Tokenview block browser. By querying the transaction ID provided by the user, we can find that the user has performed a withdrawal operation on Huobi, and the transfer-in address does not match the transfer-in address provided by the user. That is to say, for some reason, the user will USDT was transferred to the wrong address.
In this case, the transaction will be irreversible, unless the holder of the changed receiving address is willing to return the heavenly wealth back the same way. However, due to the anonymity of the blockchain, except for the exchange deposit and withdrawal addresses marked by Tokenview and the addresses of some large accounts, we cannot locate the owners of other BTC and USDT addresses through address hashes. Therefore, it can be said that in this In this case, the chances of recovering the coins are slim to none.
The second situation is network congestion. In this case, all we can do is wait for the transaction to be packaged and uploaded to the chain. We can check whether the transaction exists in the Pending transaction pool of tokenview.com. like:https://btc.tokenview.com/cn/pending。
The third situation generally exists in the trading platform deposits. When the transaction is on the chain, the number of confirmations is 1, but because different exchanges have different requirements for the number of confirmations, for example, most of the number of confirmations for Bitcoin requires 6 to be confirmed as a successful recharge, while the number of confirmations for Ethereum is 12 . We can query the number of transactions through tokenview.com. If the number of transactions has not reached the requirement, we need to wait patiently.
The last case is that the fee is insufficient and the transaction is returned. In this case the transaction will fail. Take the transfer of Ethereum as an example. If the handling fee is insufficient, the transaction will deduct the handling fee and return the ETH to the transfer address, and there is no coin loss.
We have already introduced several situations where the transfer has not arrived. The most important thing is that everyone must double check whether the transaction address is filled in correctly before transferring money. If you are transferring USDT, be sure to confirm its USDT type. Whether it is OMNI, ERC20, or TRC20, avoid the accident of losing coins due to filling in the wrong type, which will cause losses.
