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c/cryptopay·submitted 7 days ago by u/arne_amankwah

[PSA] crypto payments are irreversible. price that in.

PSAbranch of 11 comments

crypto payments are irreversible. price that in. That is the post. The justification is underneath. 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. Confirmations are the count of blocks built on top of the…

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This branch

11 comments, started 5 days ago
u/santiago_marchetti52 points·5 days ago

the same token exists on several chains and they are not interchangeable

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u/elodie_yilmaz24 points·5 days ago

Right, and confirmations are the status. "Sent" means nothing until the chain agrees.

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u/karim_hartmann15 points·5 days ago·edited

Agreed. Network first, address second, amount third, and in that order every time.

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u/nabila_bakken-11 points·5 days ago

Pasted rather than typed the address, then checked the first and last six characters. Habit now.

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u/search_before_post-13 points·4 days ago

network and address, checked twice, before anything else

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u/lane_map_larrylogistics1 point·4 days ago

Do you have the transaction hash?

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u/salma_baptista1 point·4 days ago

Keep every transaction hash in a note file with the order reference. It has resolved two queries instantly.

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u/lina_novak1 point·4 days ago·edited

Keep every transaction hash in a note file with the order reference.

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

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u/cormac_erdogan1 point·4 days 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/blunt_coldbox_202412 points·5 days ago

gas is not the supplier’s fee

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u/cormac_erdogan3 points·5 days ago

the memo field matters on the chains that use one

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About c/cryptopay

Paying for research material with crypto: which networks vendors actually credit, confirmation windows, memo/tag requirements, gas versus discount arithmetic, escrow for group buys, and the total absence of chargeback rights. Not investment discussion — payments only.

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