Today I made the mistake of withdrawing BUSD to a USDC address.
I wanted to withdraw my BUSD today to an USDC address. When you deposit USDC from another exchange, its auto converted to BUSD. I was under the assumption the same thing would happen when you withdraw.
In the Binance desktop the screen looks like the picture below:
It says auto converison enabled. Therefore I assumed it would be auto converted to USDC, but that was not the case. Now I have lost the funds completely…. Ofcourse I blame myself aswell for this.
I hope other users will learn from this!
[Withdraw screen BUSD](https://preview.redd.it/9bt70dmv4oca1.png?width=1214&format=png&auto=webp&v=enabled&s=6c8cd31c055836e1533a49e5c9fe09efeeed6968)