Why Base, who needs it, and how this network’s rules differ from the rest — short and to the point.
Not abstract “crypto risks,” but the rules of this network. For each — what happens, and how Mitilena shows it before the Send button.

A common mistake: withdrawing from an exchange “on Ethereum” to where Base is expected, or the reverse. Same address, different balances — the exchange only sees its own network.

Base has no native coin — gas is paid in ETH. A token named BASE or “Base Coin” is a fake; they are regularly sold on news waves.

ETH on Base and ETH on Ethereum are two different balances on the same address. To send USDC on Base you need ETH specifically on Base.

Withdrawing to Ethereum via the official bridge takes about 7 days. Fast bridges take minutes, but with a fee and a middleman.
No. Gas is paid in ETH. Any “BASE” token is a fake. In Mitilena the network coin is ETH.
Cents per transfer, in ETH. It only gets more expensive together with Ethereum.
The funds sit on Base at that address. If the exchange accepts Base — write support with the hash; if not — only the key owner (the exchange) can return them, at their discretion.
Yes, Circle issues USDC on Base directly — the native version, not bridged.