chargeback — 8 things I got wrong before I got it right
Thinking out loud about this: chargeback — 8 things I got wrong before I got it right. 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. Rate quotes expire because the underlying rate moves. A short expiry is…
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.
Right, and confirmations are the status. "Sent" means nothing until the chain agrees.
keep the hash, it is the only receipt that exists
Same. Asking which networks are accepted before ordering has saved me twice.
the memo field matters on the chains that use one
the supplier cannot reverse it and neither can you
Got a quote with a fifteen-minute expiry and assumed it was a pressure tactic. It was just a held rate.
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.
Which networks did they list as accepted?