Transacting with a Centralized Exchange (Coinbase, Binance)
Transacting with a Centralized Exchange such as Coinbase and Binance ⚠️Warning: This tutorial merely provides a high level view of this process. Each exchange is different. If you have specific questions about how transact using your exchange, please reach out to the exchange's customer service team. Part 1: Withdrawing Algos or USDCa from an exchange to your Algorand Wallet account If you've acquired Algos or USDCa via an exchange, you can simply use that exchange's Withdraw, Send, orFew readersSending a Basic Transaction
Sending a Basic Transaction Background Info: Before you begin this tutorial, yFew readersTransacting FAQs
Transaction FAQs Unfortunately, as is with most blockchains and cryptocurrencies, transactions on the Algorand blockchain are final and irreversible. No one (including Algorand employees) can reverse a transaction. The only way to potentially recover those transactions would be to ask the recipient if they can send those assets back to you. If you think you've sent your assets to a wrong address that is owned by an exchange orFew readersTransacting with Asset Inbox
What is Asset Inbox Asset Inbox is a way to send anyone an asset, even if the wallet is not opted in. This helps the onboarding experience for Algorand because even people with 0 Algo in their wallet can start receiving Assets. How does Asset Inbox work? Asset Inbox works by using a Smart Contract as a middle man between the sender and your wallet. If you are trying to send someone an asset and they are not opted in, the option to send to their Asset Inbox will appear instead. When you sFew readers