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c/cryptopay·posted 2 months ago by u/arne_ndiaye

confirmations — 20 things I got wrong before I got it right

PSA

confirmations — 20 things I got wrong before I got it right. I have gone back and forth on this for months.

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.

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.

If two or three other people have done the same thing we might actually learn something. Alone it is an anecdote.

534 up / 600 down47% upvoted14 commentsid e2me4428 May 2026

14 comments

14 in this archive, depth 5

best — the order this archive was captured in

u/escrow_evangelistMOD9 points·2 months ago

Retitled from an accusation to a description while the confirmations catch up.

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u/hassan_nilsen10 points·2 months ago

the supplier cannot reverse it and neither can you

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u/bruno_dumitru8 points·2 months ago

gas is not the supplier’s fee

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u/sten_palacios3 points·2 months ago

network and address, checked twice, before anything else

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u/teodor_jansen7 points·2 months ago

Was there a memo or tag requirement on that chain?

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u/lipid_panel_larrybloodwork5 points·2 months ago

Was there a memo or tag requirement on that chain?

Agreed — and the hash is the receipt. Nothing else is.

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u/reflux_report1 point·2 months ago

How many confirmations does it show?

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u/arne_ndiayeOP-8 points·2 months ago

How many confirmations does it show?

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

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u/reverse_image_ron6 points·2 months ago

Sent to the right address on the wrong chain years ago. Nothing to be done. That is the lesson I paid for.

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u/sten_palacios8 points·2 months ago

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.

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[removed]6 points·2 months ago

[removed by moderator]

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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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