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190
c/cryptopay·posted 1 year ago by u/yara_mensah

how much of what we believe about chargeback actually comes from crypto threads

Discussion

Genuine question, and the title is the question: how much of what we believe about chargeback actually comes from crypto threads.

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

Sent a test amount first on a large order. Cost me a fraction of a percent and I have done it every time since.

Rate quotes expire because the underlying rate moves. A short expiry is ordinary; urgency about your decision is a separate signal and should be read separately.

Screenshot none of this. Read the whole thread, including the parts where I am told I am wrong.

199 up / 9 down96% upvoted10 commentsid 16mhic22 Aug 2024

10 comments

8 in this archive, depth 4

best — the order this archive was captured in

u/anders_vermeulen37 points·1 year ago

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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u/jonas_eriksen13 points·1 year ago

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

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u/anders_vermeulen10 points·1 year ago·edited

Correcting myself upthread: it was 5 confirmations, not the number I posted, and it settled fine.

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u/jonas_eriksen4 points·1 year ago

Confirmation took forty minutes on a busy evening and I had already written half an angry message. Deleted it.

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u/zaid_dahlberg28 points·1 year ago

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.

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u/nadia_kjaer24 points·1 year ago

network and address, checked twice, before anything else

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u/stablecoin_steveMOD23 points·1 year ago

Moved from the vendor board. Payment mechanics live here.

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u/yara_mensahOP13 points·1 year ago

Which networks did they list as accepted?

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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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