how to recover coins sent to wrong address

This article explains by step how to recover coins sent to wrong address, wrong network or even missing crypto from a wallet. In transactions, which, nonetheless, involve sending and receiving crypto, mistakes are bound to occur. Novices, intermediate, and professionals can send coins to wrong address. However, this mistake is common among the newbies. Who, equally, have limited knowledge of how crypto works. Or those that, equally, just want to experiment new things.

how to recover coins sent to wrong address

This is a case where one copied the address of coin A instead of Coin B. And sequentially sent Coin A to coin B address. For instance, let’s say we want to send ethereum to Trust wallet. While copying the address, etherum classic coin address was copied instead. And we sent the ethereum to ethereum classic address. Undoubtedly, the coin will be missing from our ethereum address and won’t reflect in etherum classic either. Now, this is what this article is all about.

SCOPE OF THIS ARTICLE: how to recover coins sent to wrong address

  1. Coins sent to wallet: A coin sent to a wallet that has 12, 24 key recovery phrase or private key is recoverable.
  2. Exchange to wallet: coin sent from an exchange to a wallet that isn’t reflecting is recoverable.
  3. coin sent to Binance: coins sent from a wallet to wrong address on binance is recoverable.
  4. coin sent to coinbase exchange: coin sent to coinbase exchange is recoverable. However, coinbase only supports the recovery of assets listed on their platform alone. Also, they support just a few networks at the moment. This includes; ethereum, polygon, and binance smartchain.
  5. coins sent on wrong network to a wallet. etc

WHAT THIS ARTICLE IS NOT ABOUT(how to recover coins sent to wrong address exception):

  1. crypto sent to scammers: Crypto sent to scammers is lost forever.
  2. coins lost from missing address digit: coins sent to an address with a missing digit or wrong input of one or more digits are lost forever. Hence, one is not advised to manually type in or write an address. just copy and paste.
  3. Some Unknown exchanges; coins sent to some unknown exchanges may never be recovered. Not every exchange supports the recovery of a lost asset on its platform. As we continue, I’ll list out some exchanges that support the recovery of lost assets.
  4. coins lost in an investment site: 95% of the investment sites many users has brought to my table are fake and scams. coin sent to an investment sites are not recoverable.
  5. Random address: coins sent to a random address that was copied from the blockchain cannot be recovered. If the address thus exists, whoever has access to it can access and take the coin.
  6. changed address: coin sent to a malware address cannot be recovered. The address is obviouly a scammer’s address. In effect, the scammer has access to such address and there is nothing that can be done to retrieve the transaction. Hence, it’s always advised to triple-check the correctness of an address before sending a transaction.
  7. Drained wallet: a drained wallet can not be recovered. Once there is direct access to your wallet and another user has successfully transferred the crypto into it. nothing can be done.

Key Recovery Terms

metamask

Let’s dive into it. In crypto there are key things that you need to understand properly when it comes to transactions;

  • Coin Receiver address: this is the unique address that one copies and sends a corresponding coin to. Every wallet and coins have its unique receiver address. Nevertheless, EVM wallets, however, often share the same receiver address.
  • Sender Address: This is the address where the transaction is being generated from. In a case where a coin is lost in a transaction, this doesn’t count much. Except the receiver was an exchange, and there is an intending possible refund.
  • Centralized exchange: exchanges such as Binance, Coinbase, could be flexible on recovery depending on the transaction types. While some others are not at all. This is considered as a custodial wallet system.
  • Non custotial Wallet: metamask, trust wallet, ton keeper, exodus wallet etc.
  • Hash ID: This is the transaction reference ID. It can be used to trace a transaction, giving all the necessary details about such a transaction. It’s a unique ID generated for every transaction.
  • seed phrase or Private key: This is the access key to a wallet. Without which a transaction can not be retrieved.
  • Contract address: this is the identity figures of a token.

Now that we’ve known the basics and grasp of the situation, let’s make some recovery. This set of recovery comes in different folds. So, we will be looking at a specific case scenario. If at the end of this article, you are not able to recover yours, you can message for assistance using any of the media below:

  • Consultancy form: Here
  • Email: admin@btradec.com, nbarinua@gmail.com
  • Instagram: Here
  • Whatsapp: +2348137107956

how to recover coins sent to wrong address on Trust Wallet

trust wallet
  1. Get the transaction hash ID and check on block explorer to be sure the exact position of the coin and to be sure it was sent to the expected wallet address. E.G ethereum was sent to an ethereum classic address on trust wallet.
  2. After checking and confirming that you sent to an actual address on your trust wallet. e.g you sent Ethereum to ethereum classic address. Get the recovery phrase or private key. Re-import the wallet. This time, choose Ethereum Classic as the only network you want to import it on.
  3. after successful import. your coin should reflect immediately. If it doesn’t, proceed to the explorer copy the contract address of the ethereum coin.
  4. return to trust wallet ans add it up manually. And your coin will reflect for you. Congratulation.

If your case is different from what is explained here, feel free to email or message us using any of our channels,. And we will be glad to assist. How to recover coins sent to wrong address on Binance, Coinbase and other exchanges will be covered in the following blog posts.

Best exchanges to buy crypto: binance

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