Ask Leo: How Do I Protect My Assets From Transfer Mistakes

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Crypto transfer mistakes occurs when the recipient address is incorrect by missing a character, these errors sometimes leads to giant losses of funds or crypto assets. When these losses happens the user is helpless, the cases of funds/ assets recovery is rare so most times it’s advised to take proper attention when these transactions are being made.

What if? There is a way around it that will either reduce or eliminate these errors, which is possible with “Xfer”. From the just concluded Hive fest, most of the hive members which were opportune to be present said it was the most talked about topic. Xfer which is of $HIVE blockchain native is a solution that will help in eliminating crypto transaction errors on $HIVE.

Introducing Xfer - Protecting your assets from transfer mistakes. Was a post which was made by a follow user here on the platform, that explained in details on how the application works and it’s benefits to hive users.
If you see this post on a Web2 ecosystem and you have no clue about what Leofinance is here is a brief definition;

LeoFinance is a blockchain-based Web3 community that builds innovative applications on the Hive, BSC, ETH and Polygon blockchains. Our flagship application: LeoFinance.io allows users and creators to engage and share content on the blockchain while earning cryptocurrency rewards.

Over here we refer to users as lions, so are you ready to be a lion here is my referral link See leoglossary for the terms used within this post also don’t forget in contributing to the pHBD-USDC pool, and from statistics it looks like we will be able to archive the set target in a few months, let’s do our own part in h growing the pHBD-USDC liquidity and also take out time to participate in the Leo power up challenge which happens every 15th of each month.

Let’s also connect on some of the web2 platform.
Twitter:Hironakamura

Posted Using LeoFinance Alpha