Two thin brass rails diverging on a stone surface with a single green token between them

What this page covers, and what it does not

This page is for crypto, usually USDT, that was sent on a network the receiving side did not support, or to the wrong kind of address. It is not for a deposit that is merely still confirming, a rand deposit that has not reflected (crypto deposit not showing), or a withdrawal that is pending or rejected (crypto withdrawal pending). Choosing the right network before you send is covered in how to withdraw USDT in South Africa.

Recovery is not guaranteed. Nothing on this page, and nothing on any platform’s page we read, promises that funds sent on a wrong network can be retrieved. Every statement below is the platform’s own, read on 7 September 2026 and shown with its re-check date on the exchange profile.

Direct answer

Whether anything can be done depends on the direction and on the receiving platform’s published policy, and on nothing else you control after the fact:

  • Sent from VALR to a wrong address or chain: VALR states it has no means to recover the funds.
  • Sent to VALR on a wrong chain or address: VALR may attempt recovery, at a minimum fee of $5,000 or crypto equivalent, with no guarantee that an attempt is made or succeeds.
  • Sent to Luno incorrectly or on an unsupported network: Luno states the funds are lost and cannot be accessed or returned.
  • Sent to AltCoinTrader or Ovex: no recovery policy is published; the only verifiable step is an official support ticket.
  • Sent to a wallet or another exchange outside South Africa: that platform’s policy applies, not the sender’s.

First: confirm it really is a wrong-network send

Many “wrong network” panics are pending deposits. Work through this before assuming loss.

Question Where to look What it tells you
Which network did the sending platform use? The withdrawal record or transaction hash The chain the funds are actually on
Which network was the receiving address created for? The receiving platform’s deposit screen for that asset Whether the two match
Is the address the right type? Luno: a USDT address, not the ETH or TRX wallet address; VALR: a USDT address for the selected network A right-network, wrong-address send is also a loss case
Has the transaction confirmed? A block explorer for that network, using the hash Unconfirmed is pending, not lost
Has the platform’s confirmation count been reached? Luno: 30 confirmations on Ethereum (about 15 minutes); AltCoinTrader publishes counts per network; VALR waits for a set number per coin Below the count is pending
Is the receiving account verified enough to be credited? AltCoinTrader credits crypto deposits only from Level 2 (yellow indicator until then) An uncredited deposit may be a verification hold

If the networks match and confirmations are complete but nothing is credited, treat it as a not-showing deposit and contact support with the hash. If the networks do not match, continue below.

What each platform publishes about recovery (verified 7 September 2026)

Platform Wrong withdrawal from the platform Wrong deposit into the platform Manual recovery offered Fee if published
VALR “No means to recover” “May be able to attempt”, “in some cases recovery is not possible at all” Attempt not guaranteed Minimum $5,000 or crypto equivalent
Luno Not addressed as recovery; send is irreversible “Lost”; Luno “cannot access those funds and return them” None published
AltCoinTrader Not published Not published Unknown Unknown
Ovex Not published Not published Unknown Unknown

Two platform-specific warnings worth repeating. VALR: deposits via a network other than the one selected on VALR result in permanent loss, and sending a different coin to an address (bitcoin cash to a bitcoin address, for example) has the same effect. Luno: the BNB Chain is only for BNB, never for BTC, ETH or XRP, and USDT must never be sent to the Ethereum or Tron wallet address.

What to do, in order

  1. Stop. Do not send another transfer, do not try to “cancel” a confirmed transaction (it cannot be cancelled), and do not pay anyone who contacts you offering recovery.
  2. Gather the evidence listed below.
  3. Contact the receiving platform’s official support first, because only the platform that controls the destination address can act; the sending platform can at most confirm what happened.
  4. Quote the platform’s own policy (linked in the sources) so the ticket is triaged correctly, and ask whether a recovery attempt is possible, what it would cost, and how long it takes.
  5. Expect the published answer. VALR’s page is explicit about the fee and the absence of a guarantee; Luno’s page says the funds are lost. A different answer from support would be new information, not something this page can predict.

Evidence to prepare

  • Transaction hash (TXID) and a block-explorer link showing the network and confirmations.
  • Sending platform, the network selected there, and the withdrawal record.
  • Receiving platform, the asset, and a screenshot of the deposit screen showing the network the address belongs to.
  • Amount, asset, date and time.
  • Your account identifiers on both platforms, sent from the registered e-mail address (AltCoinTrader will not help otherwise).

What not to do

  • Do not share seed phrases, private keys or 2FA codes with anyone who offers to “recover” the funds; no platform asks for them.
  • Do not send a second transfer to “unlock” or “activate” the first.
  • Do not assume a fee quoted by a third party is the platform’s fee; VALR’s is on its own page.
  • Do not treat a wrong-network send as a chargeback: rand rails and card disputes do not apply to on-chain transfers.

Unresolved and unknown

  • AltCoinTrader and Ovex publish no wrong-network or wrong-address policy; their positions are unknown until a support ticket answers.
  • VALR does not publish when an attempt will be made, how long it takes, or the fee above the $5,000 minimum.
  • Luno’s statement covers unsupported coins and incorrect sends generally; it does not describe a case-by-case process.
  • Whether a specific network mismatch is technically recoverable depends on the chains involved; this page does not assess that and no platform we read does either.

Next steps

Frequently asked questions

Can VALR recover USDT I sent on the wrong network?

Not if you sent it from VALR: VALR states it has no means to recover funds withdrawn to an incorrect address or chain. If someone sent USDT to VALR on the wrong chain, VALR says it may attempt recovery, that this carries risk and cost, that a minimum fee of $5,000 or crypto equivalent applies, and that it cannot guarantee an attempt will be made or succeed.

Can Luno recover crypto sent on the wrong network?

Luno's receiving-crypto article says that crypto sent to Luno incorrectly, or on an unsupported network, cannot be accessed or returned and will be lost, because transactions are irreversible and its vault infrastructure cannot be changed per case. No recovery service is published.

Is my USDT lost if the deposit just says pending?

Not necessarily. Pending usually means the network confirmations the platform requires have not been reached (Luno needs 30 on Ethereum, about 15 minutes; AltCoinTrader lists per-network requirements). Compare the network you sent on with the network the deposit address was created for; if they match and the hash shows confirmations, wait for the platform's count before treating it as a wrong-network send.

What should I send to support after a wrong-network transfer?

The transaction hash, the sending platform and network, the receiving platform and the network its address was created for, the asset and amount, the timestamp, and screenshots of both sides' network selection. VALR and Luno accept tickets through their help centres; AltCoinTrader and Ovex through their support channels. Expect the answer to follow the published policy above.

How we compare

We compare availability, licensing, fees, deposit and withdrawal methods and KYC requirements using official exchange documentation and regulator registers. Affiliate relationships never affect ranking or wording.

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Risk warning

Crypto assets are volatile and you may lose all the money you put in. Platform availability, fees, licences and terms can change at any time and the information on this page may become outdated. Always verify terms directly with the provider before acting. This website does not provide personal financial advice.

Read the full risk warning

Sources

Primary sources checked for this page. Accessed dates are shown next to each link.

  1. What can I do if I deposit or withdraw cryptocurrency to an incorrect address or an unsupported blockchain (opens in a new tab)VALR Help Center · Official documentation · accessed · Article updated 21 August 2026: wrong withdrawals from VALR cannot be recovered; wrong deposits to VALR may be attempted with risks and costs, a minimum fee of $5,000 (or crypto equivalent), and no guarantee that an attempt is made or succeeds.
  2. USDT Deposits & Withdrawals on Solana, Tron and Ethereum (opens in a new tab)VALR Help Center · Official documentation · accessed · Deposits via a network other than the one selected result in permanent loss; withdrawals to a non-USDT address may be lost.
  3. Things you need to know about receiving crypto (opens in a new tab)Luno Help Centre · Official documentation · accessed · Article updated 7 September 2026: crypto sent incorrectly or unsupported cannot be accessed or returned by Luno and is lost; make a test send first; BNB Chain only for BNB.
  4. Which transfer network should I choose when sending or receiving USDT? (opens in a new tab)Luno Help Centre · Official documentation · accessed · Do not send USDT to the Ethereum or Tron wallet address; a Tron receive address must be created in the USDT wallet first.
  5. How do I deposit crypto? (opens in a new tab)AltCoinTrader Help Centre · Official documentation · accessed · Choose the network on the deposit screen; each network needs its own confirmations; use the correct address and memo tag. No recovery policy is published.
  6. Supported cryptocurrencies and networks (opens in a new tab)AltCoinTrader Help Centre · Official documentation · accessed
  7. Fees, spreads & limits (opens in a new tab)Ovex · Exchange · accessed · USDT on Ethereum and Tron; no wrong-network policy is published on the fees page or the help centre pages we could read.
  8. List of licensed crypto asset service providers – December 2025 (PDF) (opens in a new tab)Financial Sector Conduct Authority (FSCA) · Regulator · accessed