[Discussion] network is doing more work than we give it credit for
network is doing more work than we give it credit for. I have gone back and forth on this for months.
Confirmation took forty minutes on a busy evening and I had already written half an angry message. Deleted it.
Rate quotes expire because the underlying rate moves. A short expiry is ordinary; urgency about your decision is a separate signal and should be read separately.
Sent a test amount first on a large order. Cost me a fraction of a percent and I have done it every time since.
If two or three other people have done the same thing we might actually learn something. Alone it is an anecdote.
best — the order this archive was captured in
Some chains require a memo or destination tag to route funds to the right account. Omitting it on those chains is one of the more common ways payments go astray.
the supplier cannot reverse it and neither can you
confirmations are the only status that means anything
Moved from the vendor board. Payment mechanics live here.
Got a quote with a fifteen-minute expiry and assumed it was a pressure tactic. It was just a held rate.
match the address character by character, or paste and verify
Which networks did they list as accepted?
Agreed. Network first, address second, amount third, and in that order every time.
send a test amount first if the total is large
Network fees are set by chain congestion at the time of sending. They are paid to the network, not to the recipient, and they vary by hour as well as by chain.
screenshot the transaction hash, not the wallet balance
screenshot the transaction hash, not the wallet balance
Adding the cheap insurance — test amount first on anything large.
ask which networks they actually accept before you order
fees vary by chain and by hour, not by supplier
- 1Which networks did they list as accepted?9 comments in this branch · started by u/elodie_yilmaz