Planning to convert BTC to altcoins for the first time.
If i were to send BTC to changelly, but I set my transaction fee very low (example : 0.00001 btc), so in order to get 1 confirmation I might have to wait 2 or 3 hours.
So my question is, do changelly process 0 confirmation? or will they wait for at least 1 confirmation before I can get my altcoins?
If i were to send BTC to changelly, but I set my transaction fee very low (example : 0.00001 btc), so in order to get 1 confirmation I might have to wait 2 or 3 hours.
So my question is, do changelly process 0 confirmation? or will they wait for at least 1 confirmation before I can get my altcoins?
Working without confirmations would be completely newbish, a transaction with no confirmations can be easily double spent leading to loss of money.
I didn't find any direct info(*) about that, but I would clearly expect them to need at least one confirmation.
* on a second search I've found this "Usually, transactions take 5-30 minutes. It depends on blockchain confirmations. If you have some troubles with exchange process, let us know at [email protected]"
https://changelly.com/blog/how-to-exchange-bitcoin-btc-to-zcash-zec-on-changelly/
