USDC is the most under-discussed thing on this board
USDC is the most under-discussed thing on this board. I have gone back and forth on this for months.
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.
Pasted rather than typed the address, then checked the first and last six characters. Habit now.
Got a quote with a fifteen-minute expiry and assumed it was a pressure tactic. It was just a held rate.
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
Retitled from an accusation to a description while the confirmations catch up.
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.
network and address, checked twice, before anything else
network and address, checked twice, before anything else
Adding the cheap insurance — test amount first on anything large.
confirmations are the only status that means anything
ask which networks they actually accept before you order
the same token exists on several chains and they are not interchangeable
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.
- 1What is and is not the supplier’s fault, since this board generates unfair…6 comments in this branch · started by u/lipid_panel_larry