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c/cryptopay·submitted 10 months ago by u/reverse_image_ron

[Discussion] can we stop arguing about USDC until somebody posts a number

Discussionbranch of 13 comments

can we stop arguing about USDC until somebody posts a number, and I want the answer with the reasoning attached rather than just the conclusion. 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…

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13 comments, started 10 months ago
u/salma_baptista203 points·10 months ago

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.

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u/reverse_image_ronOP150 points·10 months ago

the supplier cannot reverse it and neither can you

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u/salma_baptista53 points·10 months ago

the supplier cannot reverse it and neither can you

reverse_image_ron is right about confirmations. "Sent" is not a status.

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u/hassan_nilsen13 points·10 months ago

a payment sent on the wrong network is usually gone

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u/teodor_jansen43 points·10 months ago

Small fix — that is the network fee, not a supplier charge. The distinction matters for the complaint you are making.

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u/reverse_image_ronOP89 points·10 months ago

Which networks did they list as accepted?

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u/reverse_image_ron168 points·10 months ago·edited

match the address character by character, or paste and verify

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u/ms_fragmenter58 points·10 months ago·edited

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.

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u/sten_palacios14 points·10 months ago

Which network, exactly?

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u/reverse_image_ronOP149 points·10 months ago

Did you send a test amount first?

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u/kaia_cabrera41 points·10 months ago

Agreed that quote expiry is ordinary. Rates move and a time-limited quote is not a pressure tactic on its own.

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u/niels_lindqvist56 points·10 months ago

The transaction hash is the canonical receipt: it is public, verifiable by either party, and it is what a support query should quote.

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u/stablecoin_steve81 points·10 months ago

Nearly sent on the wrong network. The token symbol was identical and the address format was the only clue.

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