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What is a blockchain network, and why is it so important?

Valeria avatar
Written by Valeria
Updated over 3 weeks ago

A blockchain network is the "highway" on which a cryptocurrency travels. Some coins, like USDT, can exist on different networks (ERC-20, TRC-20, etc.). It is CRUCIAL that the network you select on Betbits to deposit is exactly the same as the one you use for withdrawing from your wallet. Sending funds through the wrong network can result in the permanent and irreversible loss of your funds.

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