How to Choose a Deposit/Withdrawal Network?
When you deposit or withdraw money on Hibt, you need to choose the correct deposit/withdrawal network, otherwise the coins may be lost. To put it simply: when traveling by car, choose the road, when traveling by train, choose the railway, and when traveling by boat, choose the waterway. The way you travel must match the road, otherwise it will be difficult to move forward.
So, how do you choose the right network? Here, we will take the most common digital asset USDT recharge as an example to demonstrate the operation.
Before the operation demonstration officially begins, special attention needs to be paid: when selecting a recharge network, the withdrawal/withdrawal networks of other exchanges and wallets must be consistent with the Hibt deposit network. For example, if you choose USDT-ERC20 as the deposit network, then the withdrawal/withdrawal network must choose USDT-ERC20, otherwise the coins will be lost.
The same principle applies to the withdrawal network: when choosing a withdrawal network, the selected network must be consistent with the deposit network.
Deposit/cash purchase operation demonstration (using Hibt app as a template):
Open Hibt App, select [Assets] - [Deposit],
1. To deposit money on the chain, USDT prioritizes the network and chooses TRC20 (Tron).
You can choose any network, but please note that since the performance of each network is different, the speed, security, handling fees, etc. of recharge will also be different. Just like different road choices and modes of travel, the speed and safety of reaching your destination will also vary. However, as long as you choose the right path, you can reach your destination smoothly.
Take the two currently common USDT networks as an example: USDT-TRC20 has fast speed and low handling fees, and is suitable for small deposits/withdrawals, while USDT-ERC20 is relatively safe, but the arrival time is slow and the handling fees are high, so it is suitable for Larger deposits/withdrawals.
After selecting the recharge network, you can directly copy the hibt deposit address. Open other platforms or wallets, select currency withdrawal (withdrawal), paste the copied deposit address into the corresponding field, fill in the relevant information as prompted and press OK to complete the deposit operation.