Blockchain network selection

Due to the nature of blockchain technology, one token can exist in different blockchain networks. For example, USDC is available on Ethereum and BSC, as well as on other blockchains. To provide a better deposit experience, we are supporting these most common chains:

• TRC20 which refers to the TRON network (TRX)

• ERC20 which refers to the Ethereum network (ETH)

• BEP20 which refers to the BNB Smart Chain network (BSC)

• SPL which refers to the Solana Network (SOL)

To successfully deposit tokens, you need to select the appropriate network and confirm your choice:

Network selection on a business level for deposits

Businesses can configure which network(s), they want to allow for the each cryptocurrency, where multiple networks are supported e.g. USDC, ETH. The configuration can be made from the business settings, by editing the business or when creating a new one. This allows you to make visible only the networks you wish to received deposits and hide all others. Detailed steps for this configuration can be found under this article.

Network selection for withdrawals

Please make sure that the selected network matches the network of the platform from which you are withdrawing funds. If the wrong network is selected, you may lose your funds.

The network selection depends on the options provided by the external wallet/exchange from which you are withdrawing funds. For example, if the external platform supports USDC only on the ETH network, you must select ETH network (ETH) on the checkout page as shown in the image above. For both ERC20 and BEP20, bear in mind that both networks share the same address format (EVM compatible). If you are sending USDC on the Solana network, make sure to select SOL - Solana network (SOL) in the network selection menu, the same for BNB Smart Chain.