Articles on: Kado General FAQ

What is a blockchain network and how do I choose the right one?

A blockchain is a distributed database or ledger that is shared among the nodes of a computer network. As a database, a blockchain stores information electronically in digital format. Blockchains are best known for their crucial role in cryptocurrency systems, such as Bitcoin, for maintaining a secure and decentralized record of transactions. The innovation with a blockchain is that it guarantees the fidelity and security of a record of data and generates trust without the need for a trusted third party. For more information on how blockchain networks work, see here.

Make sure you are sending funds to the correct blockchain and wallet address. Kado is not responsible if you send funds to an incorrect blockchain/wallet address. If you send funds to the wrong address, there is nothing Kado can do to recover the tokens.

Whether sending funds to an exchange, web3 wallet, or another 3rd party platform; double check the network you're sending to and make sure the corresponding network is selected on the Kado platform. Copy the wallet address directly from the platform or wallet you're sending to, and paste the exact address into the Kado platform. Always double check before going through with the transaction, just to be safe!

Updated on: 17/03/2023

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