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c/cryptopay·submitted 9 months ago by u/protein_first_p

unpopular opinion: most of what gets said here about escrow is guesswork

Questionbranch of 8 comments

The title is the argument: unpopular opinion: most of what gets said here about escrow is guesswork. Here is the rest of it. A token symbol identifies an asset, not a network. The same symbol commonly exists on several chains with incompatible address formats, and sending across that boundary is generally…

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8 comments, started 9 months ago
u/zeynep_zielinski15 points·9 months ago

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.

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u/salma_baptista7 points·9 months ago

Some chains require a memo or destination tag to route funds to the right account.

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

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u/camila_trevino4 points·9 months ago

Do you have the transaction hash?

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u/dead_space_doug1 point·9 months ago

network and address, checked twice, before anything else

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u/protein_first_pOPnutrition1 point·9 months ago

Is the fee you are describing the network fee or something the supplier added?

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u/cesar_teixeira1 point·9 months ago

Do you have the transaction hash?

Adding the cheap insurance — test amount first on anything large.

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u/blunt_coldbox_notes1 point·9 months ago

Adding the cheap insurance — test amount first on anything large.

Disagreeing here: that is a network fee at a busy hour and it is not the supplier’s doing.

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u/kaia_cabrera8 points·9 months ago·edited

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.

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