How long does it take for a deposit at Cryptopia to hit? I sent 519 coins to Cryptopia 5 hours ago and my wallet confirmed it really fast, but still nothing in my account there. I checked the address and it's perfect so I don't understand. Do you all have trouble with this too?
Cryptopia needs 200 confirmations before crediting your B3 coin to their platform. That would take almost half day to be done with rate of confirmations for this coin. I don't know the reason behind this. Most probably to prevent dumpers in selling their coins after they got their stake. I believe the devs are talking with Cryptopia to lessen it to 20 confirmations (other POS coins only need 20 confirmations, one particular coin only need 6) but no update from them yet.
Yeah I dont know why they need so many confirmations. But there is actually quite a few other coins there that require 200 also. But they still dont take nearly the time B3 does. Ive never understood why Bitcoin is the big daddy coin. Its slow, and the Transaction fees are ridiculous. There are so many other coins that are alot faster and alot cheaper. Hell Bitshares takes 2 minutes or less to send anywhere and be ready for trading. And its cheap. withdrawals from the Bitshares exchange is like less than a penny. And most exchanges its only 5 bts for withdrawals. .34 cents
