Cryptocurrency Q&A Can you send crypto to a contract address?

Can you send crypto to a contract address?

lucas_emma_entrepreneur lucas_emma_entrepreneur Sun Oct 27 2024 | 7 answers 912
I'm wondering if it's possible to send cryptocurrency to a contract address. I know that contract addresses are used for smart contracts on the blockchain, but I'm not sure if they can receive crypto like a regular wallet address. Can you send crypto to a contract address?

7 answers

SeoulSerenity SeoulSerenity Tue Oct 29 2024
Users might mistakenly use the token contract address.

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CryptoWanderer CryptoWanderer Tue Oct 29 2024
Be cautious when dealing with cryptocurrency transactions.

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SunlitMystery SunlitMystery Tue Oct 29 2024
Instead of the intended public wallet address.

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emma_grayson_journalist emma_grayson_journalist Tue Oct 29 2024
Sending tokens to a contract address can result in irreversible loss.

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Eleonora Eleonora Tue Oct 29 2024
Once tokens are sent to a contract address, they are often unrecoverable.

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