[Question] which networks do vendors actually credit reliably
which networks do vendors actually credit reliably, and I want the answer with the reasoning attached rather than just the conclusion.
Sent a test amount first on a large order. Cost me a fraction of a percent and I have done it every time since.
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 unrecoverable.
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.
That is everything I have. The rest is opinion and I have tried to keep it out.
best — the order this archive was captured in
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.
Careful, that address format belongs to a different chain and sending to it would not end well.
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.
Network fees are set by chain congestion at the time of sending.
Disagreeing here: that is a network fee at a busy hour and it is not the supplier’s doing.
Agreed that quote expiry is ordinary. Rates move and a time-limited quote is not a pressure tactic on its own.
a payment sent on the wrong network is usually gone
Keep every transaction hash in a note file with the order reference. It has resolved two queries instantly.
Escrow is not standard in this space. Wanting it is reasonable; expecting it as default is not.
Cosigning on keeping the hash. It is the only receipt in existence and people screenshot their balance instead.
network and address, checked twice, before anything else
Was there a memo or tag requirement on that chain?
I would not treat a delayed confirmation as evidence of anything at all. Chains have busy hours.
Disagree — a quote expiry is normal when a rate is being held. Pressure to decide immediately is a different thing.
Nearly sent on the wrong network. The token symbol was identical and the address format was the only clue.
send a test amount first if the total is large
Not convinced. That fee is the network fee at that hour, and it has nothing to do with the supplier.
Small fix — that is the network fee, not a supplier charge. The distinction matters for the complaint you are making.
Disagree — a quote expiry is normal when a rate is being held.
Adding the cheap insurance — test amount first on anything large.
Which networks did they list as accepted?
- 1Disagree — a quote expiry is normal when a rate is being held. Pressure to…7 comments in this branch · started by u/jonas_eriksen