[Vendor] TFC order #8 — Denmark, 12 days, no drama, receipts inside
Putting a marker down: TFC order #8 — Denmark, 12 days, no drama, receipts inside.
Figures up front so nobody has to dig: 12 days.
Confirmation took forty minutes on a busy evening and I had already written half an angry message. Deleted it.
Nearly sent on the wrong network. The token symbol was identical and the address format was the only clue.
Ask me anything specific. Anything general I will probably get wrong.
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nofollow and sponsored; nobody here is paid for it.best — the order this archive was captured in
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.
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 sequence that makes this boring, which is the goal.
Ask which networks are accepted before you order. Pick the one with a sensible fee at that hour. Paste the address rather than typing it and verify the first and last several characters. Check whether the chain requires a memo. Send a test amount if the total is large. Wait for confirmations before treating anything as done. Save the transaction hash with the order reference.
Seven steps, most of them seconds long, and between them they eliminate every failure mode that gets posted on this board.
Escrow is not standard in this space. Wanting it is reasonable; expecting it as default is not.
Yes — the same token symbol on two chains catches people constantly and it is unrecoverable.
Sent a test amount first on a large order. Cost me a fraction of a percent and I have done it every time since.
Asked which networks MKM accepted before ordering and picked the cheapest one at that hour. Saved more than the difference in price.
Confirmations are the count of blocks built on top of the one containing your transaction. Until there are some, the transaction is not settled in any meaningful sense.
Is the fee you are describing the network fee or something the supplier added?
Wallet address redacted from the post above. Hashes are fine here; addresses are not.
Careful, that address format belongs to a different chain and sending to it would not end well.
Keep every transaction hash in a note file with the order reference. It has resolved two queries instantly.
Cosigning on keeping the hash. It is the only receipt in existence and people screenshot their balance instead.
What is and is not the supplier’s fault, since this board generates unfair complaints.
Not theirs: the network fee, chain congestion, confirmation time, the rate moving between quote and send, and a payment sent on the wrong chain. Theirs: which networks they accept, how quickly they credit a confirmed payment, and whether the address they gave you was correct and communicated clearly.
Keeping those columns separate makes the reports here far more useful. A thread titled "supplier took my payment" that turns out to describe forty minutes of unconfirmed transaction helps nobody and follows people around for years.
the memo field matters on the chains that use one
Correction: that address format is not the chain you named. Worth checking before anybody follows this.
send a test amount first if the total is large
Disagree — a quote expiry is normal when a rate is being held. Pressure to decide immediately is a different thing.
quote expiry is a real thing, not a pressure tactic
This. A test transaction on a large order costs a fraction of the fee and removes the whole class of risk.
Pasted rather than typed the address, then checked the first and last six characters. Habit now.
Memo requirements are chain-specific. The chain you are describing does not use one.
Agreed that quote expiry is ordinary. Rates move and a time-limited quote is not a pressure tactic on its own.
A test transaction costs one extra network fee and verifies the address, the network and the recipient’s crediting process before the main amount moves.
- 1Keep every transaction hash in a note file with the order reference. It has…10 comments in this branch · started by u/curious_panel_only