A crypto deposit can fail even when the coin ticker is correct. Many assets trade under the same symbol across different chains, so the network choice is just as important as the amount and address. That is why exchange support pages repeatedly ask users to match the asset, address and network before sending funds.
A practical checklist starts with the receiving exchange. Open the deposit page, choose the asset, then copy the network shown by that exchange. Only then should you go to the sending wallet or exchange and choose the same network. If the receiving side shows a memo, tag or destination tag, treat it as part of the address.
Small test transfers are slower, but they reduce operational risk when an address is new, a network is congested, or the asset has multiple chain versions. Traders should also compare withdrawal fees and expected confirmation times because a cheap network is not useful if the receiving platform does not support it.
Sources: Binance crypto deposit guide; OKX crypto deposit guide; Coinbase supported assets and networks.
Risk notice: Sending funds on the wrong network can cause delays or permanent loss. This guide is educational and is not official customer support.
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