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Which networks are supported for crypto transfers on Raseed?

Which networks are supported for crypto transfers on Raseed?

When transferring cryptocurrency into or out of your Raseed wallet, selecting the correct blockchain network is essential. The network you choose determines whether your crypto transfer is successful, how quickly it arrives, and what crypto transaction fees may apply.

Raseed supports deposits and withdrawals across major blockchain networks commonly used for crypto transfers, ensuring secure, reliable, and compatible transactions with leading exchanges and wallets.

What does “network” mean in crypto transfers?

A network refers to the blockchain used to send cryptocurrency. Some cryptocurrencies (especially stablecoins like USDT and USDC) can be sent on multiple networks. For example: USDT can be sent via ERC20 (Ethereum) or TRC20 (Tron). If you choose the wrong network when sending crypto, your transfer may fail or your funds may be lost.

Supported crypto networks on Raseed

Raseed currently supports crypto transfers on widely used and trusted blockchain networks, helping users move funds safely between platforms.

Ethereum Network (ERC20)

  • •Global industry standard for crypto transfers
  • •Supported by most crypto wallets and exchanges
  • •Typically higher network (gas) fees during congestion

Common assets on ERC20:

  • •ETH
  • •USDT (ERC20)
  • •USDC (ERC20)

Tron Network (TRC20)

  • •Popular for stablecoin transfers
  • •Faster confirmation times
  • •Generally lower transaction fees

Common assets on TRC20:

  • •USDT (TRC20)

Bitcoin Network (BTC)

  • •Native Bitcoin blockchain
  • •Highly secure and decentralized
  • •Confirmation time depends on network activity

Supported asset:

  • •BTC

Solana Network (SOL)

  • •Known for fast processing and low fees
  • •Widely used for modern crypto transfers

Supported assets:

  • •SOL
  • •USDT (Solana)
  • •USDC (Solana)

How to choose the correct network when transferring crypto

To avoid failed or missing transfers, always ensure the network matches on both platforms:

  • •Select the cryptocurrency in the Raseed app (e.g., USDT)
  • •Choose the network shown in Raseed (e.g., TRC20)
  • •On the sending wallet or exchange, select the same network
  • •Copy the deposit address exactly as displayed
  • •Confirm the transaction

Example: If Raseed displays USDT (TRC20), the sending platform must also use TRC20 not ERC20 or BEP20.

What happens if I use the wrong network?

Using an unsupported or mismatched network may result in

  • •The crypto deposit not appearing in your Raseed wallet
  • •A delayed or failed transaction
  • •Funds being irreversible or unrecoverable

If this happens, contact Raseed Support immediately and share your transaction hash (TxID) so the team can review whether recovery is possible.

Helpful tip: Networks affect speed and fees

Different crypto networks vary in cost and confirmation speed

  • •ERC20: High security, higher fees, broad compatibility
  • •TRC20: Low fees, fast confirmations (ideal for USDT transfers)
  • •Solana: Very low fees, fast processing
  • •Bitcoin: Maximum security, slower confirmations

Choosing the right network helps ensure faster crypto deposits, lower fees, and a smoother experience.

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Raseed Invest Limited ("Raseed") registered in the Dubai International Financial Centre ("DIFC") and is regulated by the Dubai Financial Services Authority ("DFSA") to conduct financial services "Arranging Deals in Investments" with a 'Retail' endorsement. Raseed does not provide any trading or investment advice and shall not be responsible for any loss arising from any investment based on any general information provided by Raseed or as may be available on Raseed's website and other web-based services (collectively, the "Website Services"). Raseed does not warrant that the information is accurate, reliable or complete or that the supply will be without interruptions. Technology and services are offered by Raseed Invest Inc.