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How can I recover my ETH sent to ETC address?
Install the Eth recovery app on your Ledger device Navigate to My Ledger and install the Eth recovery app. Close Ledger Live. On your Ledger device, navigate to the Eth recovery app and press both buttons simultaneously to open it. Your Ledger device displays This is a recovery tool.
Can you send ETC ETH wallet?
You can now send your ETC coins back to your Ledger Ethereum Classic (ETC) account as provided by Ledger Live.
What happens if you send ETH to a non ETH wallet?
It is possible to send ETH to a wallet that does not exist. The ETH will end up in the wallet. But if no one has the private key to unlock the wallet, the ETH will end up locked in the wallet. Not permanently lost, just locked up forever.
What happens if ETH is sent to wrong address?
Due to the irreversible nature of cryptocurrency protocols, transactions can't be cancelled or reversed once initiated. If you sent funds to the wrong address, you'll need to contact the receiving party and ask for their cooperation in returning the funds.
Can you reverse ETH transaction?
Most of the time, the answer is no. Once a transaction has been mined and is included in a block on the blockchain, it cannot be canceled or replaced. During times of normal volume, transactions are mined within seconds and do not spend any length of time in the transaction pool.
What happens if I send crypto to an invalid address?
The payment will be rejected if you consider sending bitcoins to an erroneous account, and the blockchain will not approve it. As a corollary, there will be no cryptocurrency exchanges. All acceptable Bitcoin addresses are there. One can not create a new one.
Is ETC ERC20?
It's also important to note that Ethereum Classic doesn't use the ERC-20 token standard used on the main Ethereum network. ERC-20 is often considered a standard for decentralized finance (DeFi) apps. However, it is possible to get Wrapped ETC (WETC), an ERC-20 token that can work on the Ethereum blockchain.
Is moving ETH to eth2 taxable?
While you won't be taxed for holding your existing ETH, you will be taxed if you receive new units of crypto after the Merge. It's possible that Ethereum miners will maintain a Proof of Work version of the Ethereum blockchain, and airdrop existing holders of ETH this 'new' PoW-based cryptocurrency.
Can I recover my scammed ETH?
A transaction sent on Ethereum is irreversible. Unless you know the address owner and can convince them to send you your fund back, there will be no way for you to retrieve your funds. Always make sure the address you are sending to exactly matches the desired recipient's address before sending a transaction.
Is etc erc20?
It's also important to note that Ethereum Classic doesn't use the ERC-20 token standard used on the main Ethereum network. ERC-20 is often considered a standard for decentralized finance (DeFi) apps. However, it is possible to get Wrapped ETC (WETC), an ERC-20 token that can work on the Ethereum blockchain.
What happens if an ETH transaction gets stuck?
If your transaction is stuck on 'pending,' you can manually resubmit that transaction to the Ethereum network. When you do so, you're effectively replacing your previously submitted transaction with a new transaction. For your new transaction, you're free to change the transaction details however you'd like.
What happens to a dropped ETH transaction?
Dropped transactions return their assets and gas fees to the sender, as if the transaction never happened.
What happens if you send crypto to non existent wallet?
If you tried to send bitcoins to an invalid address, your transaction will not be valid and will not be processed by the network. Hence no bitcoin will have moved. All syntax-valid Bitcoin addresses exist already.
Can someone steal my crypto if they have my address?
Your crypto addresses are safe to display anywhere you would like to accept tips, payments, or donations. It is not possible to steal digital currency with a public address alone.
What happens to Ethereum Classic?
Ethereum is planning on migrating to a proof-of-stake system in 2022, which is much more sustainable than its current proof-of-work system. Not planned. Ethereum Classic will continue to use a proof-of-work system, where cryptocurrency miners are rewarded for validating transactions on the blockchain.
Does ETC follow ETH?
Ethereum Classic (ETC) does not follow the same price trajectory as Ethereum (ETH). Currently, ETC is trading at $26, and ETH is trading at $2,800. One of the main reasons for the price difference is that ETC has a fixed supply, and ETH does not.
What happens with ETH when ETH2 comes out?
What happens to my old ETH tokens when Ethereum 2 is launched? Your existing ETH tokens will be transferable to the Ethereum 2 chain. The legacy proof-of-work Ethereum chain will continue alongside the new Ethereum 2 chain initially.
Will ETH go away after ETH2?
What Happens to my ETH in the lead up to the Merge? Your ETH will stay the same in the days before the Merge. The ETH holders who are interested only in holding, trading, or using their ETH on decentralized applications (dapps) do not have to actively do anything to prepare for the Merge.
Do you lose ETH If your transaction fails?
That payment is calculated in gas, and gas is always paid in ETH. You are paying for the computation, regardless of whether your transaction succeeds or fails. Even if it fails, the miners must validate and execute your transaction, which takes computational power.
Can an ETH transaction be stuck forever?
Since Ethereum transactions have to be processed sequentially, users can get completely stuck. In other words, the longest-running transaction has to be processed before any more recent transaction from that wallet has a chance to be processed.
Do you lose ETH If transaction fails?
That payment is calculated in gas, and gas is always paid in ETH. You are paying for the computation, regardless of whether your transaction succeeds or fails. Even if it fails, the miners must validate and execute your transaction, which takes computational power.
Can crypto get lost during transfer?
Any cryptocurrency that is sent to the address of another cryptocurrency will be lost (if you send BTC to a BCH address, these funds will not be recoverable).
Can you lose crypto in a wallet?
Users can lose bitcoin and other cryptocurrency tokens as a result of theft, computer failure, loss of access keys, and more. Cold storage (or offline wallets) is one of the safest methods for holding bitcoin, as these wallets are not accessible via the Internet, but hot wallets are still convenient for some users.
Can police track your crypto?
If the bitcoin wallet is not encrypted, law enforcement has complete access (provided proper warrants have been obtained for the seizure of the device). If the bitcoin wallet is encrypted, getting the suspect to volunteer the encryption code is the easiest method of access.
Is it traceable if I send crypto to another wallet?
Bitcoin transactions are traceable because Bitcoin's blockchain is completely transparent and every transaction is publicly stored on a distributed ledger.
Ethereum vs Ethereum Classic – Exodus Support
https://support.exodus.com/article/156-ethereum-ethereum-classic-troubleshooting#:~:text=Ethereum%20(ETH)%20and%20Ethereum%20Classic%20(ETC)%20are%20two,never%20appear%20in%20your%20wallet.
Ethereum (ETH) and Ethereum Classic (ETC) are two separate currencies. However, the addresses are identical in format, so it's very easy to accidentally send ETH to ETC and vice versa. If you do this by mistake, your transaction will show confirmations, but your funds will never appear in your wallet.
I accidentally sent Ether (ETH) coins to my Ethereum Classic …
https://support.ledger.com/hc/en-us/articles/360019363320-I-accidentally-sent-Ether-ETH-coins-to-my-Ethereum-Classic-ETC-account
This article describes how to access Ether (ETH) coins that have been mistakenly sent to your Ledger Ethereum Classic (ETC) account.
I accidentally sent Ethereum Classic (ETC) to my Ethereum …
https://support.ledger.com/hc/en-us/articles/4404673691921-I-accidentally-sent-Ethereum-Classic-ETC-to-my-Ethereum-ETH-account
This article describes how to access Ethereum Classic (ETC) coins that have been mistakenly sent to your Ledger Ethereum (ETH) account.
What happens if I send my Ethereum Classic to an … – Quora
https://www.quora.com/What-happens-if-I-send-my-Ethereum-Classic-to-an-Ethereum-address
Just enter the wallet address of your preferred exchange in the Ethereum Classic section and the amount of ETC that you wish to sell.
I sent ETC to ETH Address : r/ethereum – Reddit
So if you sent ETC to an ETH address, you just need to access those funds on the ETH chain. It only gets really if there is both ETH and ETC in …
I sent My ETC to my ETH address – Ethereum Stack Exchange
https://ethereum.stackexchange.com/questions/21128/i-sent-my-etc-to-my-eth-address
You can definitely use the same keys. You cannot actually send ETH to ETC or vice versa (if I hand you a US dollar, even if you were …
How to recover ETH sent to ETC address – YouTube
I send ETC (Ethereum Classic) coins to my ETH-wallet #2758
https://github.com/ethereum/mist/issues/2758
Yes. The address exists both on ETC and ETH. Great writeup on reddit how to recover your coins: https://www.reddit.com/r …
Crypto Transfers – Robinhood
https://robinhood.com/us/en/support/articles/crypto-transfers/
This can include unsupported ERC20 tokens being sent to ETH or ETC receiving addresses. Double check you’re sending to the right wallet address.
ETH sent to ETC address in Trezor – Coins and transactions
https://forum.trezor.io/t/eth-sent-to-etc-address-in-trezor/2469
What happens if I send ETH from binance to ETC address on trezor … Sent ETH from Coinbase to my ETH Classic wallet instead of my ETH …