How to choose a deposit/withdrawal network?

When you recharge or withdraw on ALL IN, you need to select the correct deposit/withdrawal network; otherwise, it may result in the loss of your funds. In simple terms: if you're traveling by car, choose the highway; if by train, choose the railway; if by boat, choose the waterways. The mode of transportation must match the route, or you won't get far.

How to choose the correct network?

Here, we will use the most common digital asset, USDT, as an example for the operation demonstration.

Before we officially start the demonstration, it's important to note that when selecting a deposit network, the withdrawal network from other exchanges or wallets must match the network you choose for depositing on ALL IN. For example, if you select USDT-ERC20 as the deposit network, then the withdrawal network must also be USDT-ERC20; otherwise, it may result in the loss of your funds.

Deposit Operation Demonstration (Using ALL IN App as an Example)

Open the ALL IN App, select 【Assets】【Overview】—【Deposit】, and choose the currency 【USDT】. Then select the deposit network; currently, the supported USDT networks on ALL IN are: USDT-ERC20 and USDT-TRC20.

You can choose any network, but please note that each network has different performance characteristics, which will affect the speed, security, and transaction fees for deposits. Just like selecting different roads and modes of transportation, the speed and safety of reaching your destination can vary. However, as long as you choose the right path, you will arrive at your destination smoothly.

Taking the two most used USDT networks as examples: USDT-TRC20 offers fast transaction speeds and low fees, making it suitable for small deposits/withdrawals. In contrast, USDT-ERC20 is relatively more secure but has slower processing times and higher fees, making it better suited for larger deposits/withdrawals.

After selecting the deposit network, you can directly copy the deposit address from ALL IN. Open another platform or wallet, choose withdrawal (or cash out), then paste the copied deposit address into the corresponding field. Fill in the required information as prompted and confirmed to complete the deposit operation.