Conflux Address-Formats and Their Implications of Asset Transfers

Conflux Foundation will discontinue the old hex40-address format (0x1…), and adapt to the new base32-address format (starting with network ID, e.g., cfx:…)

No wallet can directly transfer assets from Conflux Network to BSC / Ethereum addresses; cross-chain transactions must be operated through ShuttleFlow. The following documentation describes how to cross-chain CFX from Conflux Network to BSC: How to Cross-Chain CFX From Conflux Network to Binance Smart Chain (BSC)

Recommendation: Use the Address Format Conversion tool (https://confluxscan.io/address-converter) to verify the address’ correctness before sending any assets to a hex-format address. Transfer a small amount of assets before sending more significant amounts. When interacting with a smart contract, make sure of the address’ existence and proceed with caution.