How do I select the correct network for my crypto withdrawals and deposits?

Published on Dec 1, 2023Updated on Apr 30, 20262 min read79

Sending crypto assets from one place to another can be confusing for first-time users. A common mistake beginners can make is selecting the wrong network when sending your crypto. Make sure you're selecting the correct network so that your transaction is successful.

Crypto tokens are only compatible with the blockchain(s) they are built for transacting on. Each chain uses its own cryptography, which means each chain speaks its own "language". For most cryptocurrencies, OKX TR will automatically select the correct network, but for some, you'll be given the option to choose from a number of different network options.

For those assets that prompt you to select a network, you must select the correct network. Selecting the wrong network could mean losing your funds. To demonstrate how you can make sure you're selecting the correct network, let's use the example of USDT deposits.

How do I check which networks are supported?

  1. Open OKX TR. Select Asset > Deposit/Withdraw.

  2. Choose your crypto from the dropdown.

  3. Select the network dropdown to view all supported networks.

It's important that the withdrawal network for the other wallet or exchange platform is consistent with the deposit network for OKX TR. For example, if you select USDT-ERC20 as the deposit network, the withdrawal network should also be USDT-ERC20. The same idea applies to when you're selecting a withdrawal network. You must choose the same network for deposit.

Example: select deposit network for USDT

On the OKX TR app homepage, select Deposit crypto > select the crypto you'd like to deposit. Next, select your preferred deposit network. You'll be shown ERC20, Solona, and others. Any of these options are correct, but the difference is in networking performance, and therefore in speed, security, transaction fee, etc., just as different modes of transportation differ in speed and security.

After selecting the network, you can copy the deposit address at OKX TR directly. Open the other exchange platform or wallet. Paste in the address you just copied from OKX TR under Withdraw, follow the prompts to fill in the relevant information, and confirm to complete a deposit.

Disclaimer

This content is provided for informational purposes only and it is not intended to provide (i) investment advice or an investment recommendation; (ii) an offer or solicitation to buy, sell, or hold digital assets, or (iii) financial, accounting, legal, or tax advice. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. Information (including market data and statistical information, if any) appearing in this post is for general information purposes only. While all reasonable care has been taken in preparing this data and graphs, no responsibility or liability is accepted for any errors of fact or omission expressed herein. © 2025 OKX TR Kripto Varlık Alım Satım Platformu A.Ş.

This article may be reproduced or distributed in its entirety, or excerpts of 100 words or less of this article may be used, provided such use is non-commercial. Any reproduction or distribution of the entire article must also prominently state: “This article is © 2026 OKX TR Kripto Varlık Alım Satım Platformu A.Ş. and is used with permission.” Permitted excerpts must cite to the name of the article and include attribution, for example “Article Name, [author name if applicable], © 2026 OKX TR Kripto Varlık Alım Satım Platformu A.Ş.” No derivative works or other uses of this article are permitted.