Tether USDt (USDT)

One of the most dangerous things these crypto exchanges do is change users' deposit addresses.🚨

Let me give an example:

USDT deposit addresses on exchange X are changed “due to security reasons.” You transfer from exchange Y to exchange X without noticing this.

Because you have used that address many times before, even added it to the whitelist. Naturally, you approve the transaction and expect the funds to arrive in your account.

Then you look...

The money is not in the account. :)

You write to live support and receive this response:

“We sent an email and an app notification. You should have checked it.”

Dude, you already send 500 meaningless notifications a day. How can a user catch that important alert among ads and unnecessary notifications?

Then all responsibility falls on the user, and the money is gone. (If you force it, you might get it, but don’t expect them to demand money from you.)

Therefore, before making a crypto transfer, always double‑check the deposit address and network.

A moment of inattention can cost you all your money.

South Korea's Personal Information Protection Commission decided on June 24 to fine cryptocurrency exchange Bithumb 21 billion KRW and ordered it to rectify its cross-border personal information transfer processes. The investigation showed that Bithumb, in sharing order books with overseas exchanges and transferring virtual assets, transferred member ID, order information, name, wallet address, date of birth and other personal information abroad without obtaining separate user consent. It is reported that Bithumb shared order books in the USDT market with overseas exchanges from September to November last year, and when transferring users' virtual assets to 13 overseas exchanges, provided sender and recipient information for anti‑money‑laundering purposes. (CBS) https://t.co/BIruUXdU1I