When depositing or withdrawing funds on ALL IN, it is crucial to select the correct deposit/withdrawal network. Failure to do so may result in the loss of your assets. Simply put, just as you would choose a road for driving a car, a railway for taking a train, or a waterway for sailing, the method of transport must match the type of road or path. Otherwise, progress is impossible.
How to Choose the Correct Network?
Let's take the common digital asset USDT as an example to demonstrate the process of selecting the correct network for deposits. Before we begin the demonstration, it’s important to note: when selecting a deposit network, the withdrawal network from the other exchange or wallet must match the deposit network you choose on ALL IN. For example, if you choose USDT-ERC20 as your deposit network, the withdrawal network must also be USDT-ERC20. Failure to do so will result in the loss of your assets.
Deposit Operation Demonstration (Using the ALL IN App as an Example)
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Open the ALL IN App, and select [Assets], [Overview]—[Deposit].
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Choose the currency [USDT].
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Select the deposit network. ALL IN currently supports the following USDT networks: USDT-ERC20, USDT-TRC20.
You can choose any network, but keep in mind that each network differs in performance, such as the speed of deposit arrival, security, and transaction fees. Just like different routes and modes of transport, the speed and safety of reaching your destination vary. However, as long as you choose the correct path, you will reach your destination smoothly.
For example, with two commonly used USDT networks:
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USDT-TRC20 is faster and has lower fees, making it suitable for small deposits/withdrawals.
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USDT-ERC20 is relatively more secure but takes longer to process, and the fees are higher, making it suitable for larger deposits/withdrawals.
Once you've selected the deposit network, you can directly copy the deposit address provided by ALL IN. Open another platform or wallet, select Withdraw, then paste the copied deposit address into the appropriate field. Follow the prompts to fill in the necessary information and confirm to complete the deposit operation.