In this article, you’ll learn what on-chain transfers are, how they work on KAST, and what makes them different from off-chain transactions. We’ll also cover the basics of blockchain confirmations, fees, and what to do if your transfer doesn’t appear right away.
What Is an On-Chain Transfer?
An on-chain transfer is a cryptocurrency transaction that happens directly on the blockchain. Every movement of funds is recorded, verified, and confirmed by the network - making it transparent, traceable, and irreversible once completed.
How Do On-Chain Transfers Work?
When you send crypto from your KAST account to an external wallet or exchange, KAST handles the technical blockchain interactions for you in the background.
Behind the scenes:
- Your transaction is broadcast to the blockchain network.
- Network validators verify and record the transaction permanently on-chain.
- A small network (gas) fee is paid to process the transfer.
- Once confirmed by the network, the funds are delivered to the recipient wallet.
The transfer time depends on blockchain activity and network conditions, but most transfers are completed within a few seconds to several minutes.
Always verify your recipient address and network before confirming. On-chain transactions can’t be reversed once sent.
On-Chain vs. Off-Chain Transfers
Category |
On-Chain Transfers |
Bank Transfers |
|---|---|---|
How funds move |
Directly on a blockchain network |
Through banking and payment networks |
Verification |
Confirmed by blockchain validators |
Processed by banks and payment providers |
Speed |
Usually seconds to minutes |
Minutes to several business days |
Fees |
Network (gas) fees apply |
Bank or transfer fees may apply |
Transparency |
Visible on public blockchain explorers |
Not publicly visible |
Reversibility |
Generally irreversible once confirmed |
May be reversible in certain circumstances |
Availability |
Can be sent globally at any time |
May depend on banking hours, holidays, and supported countries |
Examples |
USDT, USDC, ETH, BTC transfers |
USD wires, SEPA transfers, local bank payouts |
Before Sending an On-Chain Transfer
To avoid issues when making an on-chain transfer, double-check:
- You’re using the correct blockchain network (e.g., ERC-20, BEP-20, Solana).
- The wallet address matches your recipient’s address exactly.
- You have enough balance to cover both the transfer and gas fee.
-
The receiving wallet or exchange supports the same token and network.
How Do I Track an On-Chain Transfer on KAST?
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| 2. Click Transactions to view your full transaction history. | |
| 3. Select the transaction you wish to track. | |
| 4. Tap the external link icon next to your TXID to open it in the block explorer. | |
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5. Check the transaction status and number of confirmations.
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What Are the Common Reasons for Failed or Delayed On-Chain Transfers?
- Wrong network selected (e.g., sending ERC-20 tokens to a Solana address).
- Invalid wallet address or missing memo/tag (for XRP, BNB, etc.).
- Low gas fees or high network congestion causing delays.
- Unsupported token or network on the receiving platform.
Pro tip: Send a small test amount first when transferring to a new wallet.
Need Help?
If your transaction hasn’t arrived after a reasonable time, reach out to KAST Concierge for assistance. Include:
- Transaction hash (TXID)
- Date and time of transfer
- Crypto and network used
Need help making an on-chain transfer? Follow the detailed instructions in How Do I Send Funds Using KAST?
Frequently Asked Questions
What networks can I use for on-chain transfers?
Supported networks include Ethereum (ERC-20), Tron (TRC-20, Solana, and Arbitrum, among others. Always double-check that you’re sending funds to the correct network type.
What happens if I send funds to the wrong network?
Transactions sent to an incompatible network (e.g., TRC-20 to an ERC-20 address) may be irreversible. Contact KAST Concierge immediately for guidance, though recovery is not guaranteed.
What are gas or network fees?
These are blockchain transaction fees paid to network validators for confirming your transfer. They vary depending on the network’s activity level at the time of your transaction.
Why do gas fees change all the time?
Gas fees fluctuate with network demand. When more users are sending transactions simultaneously, fees increase to prioritize confirmations.
Why isn’t my transfer showing up yet?
Network congestion or delayed confirmations can cause temporary delays. Check your TxID on a blockchain explorer or wait for a few additional confirmations. If it’s confirmed but funds haven’t arrived, contact KAST Concierge with your transaction details.
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