What is a chain or network?
Chancer Support
Last Update 2 years ago
Certain cryptocurrencies exist on multiple blockchains and networks. For example, USDC exists on Ethereum’s main network as well as other EVM networks such as Tron, BSC and Polygon. The same token can also exist on different blockchains such as Solana. It is essential to select the correct network when depositing and withdrawing to ensure the funds are sent correctly.
For reference here are the most used networks and their symbols
ETH = ETH main net
USDT.ERC20 = USDT on ETH mainnet
USDT.BEP20 = USDT on Binance Smart Chain
USDT.TRC20 = USDT on Tron network
BTC = BTC on Bitcoin
USDC.BEP20 = USDC on Binance Smart Chain
USDC.TRC20 = USDC on Tron network
SOL = Solana on Solana network