Thanks guys!
I've sent in a support ticket to Changelly to restore the missing funds.
Definitely a problem as I now have 37 confirmations with the same $120-ish amount of BTC.
Thanks for the help.
Topic: Noob Bitcoin Question About Transactions (Read 137 times)
I converted approx $1500 worth of XMR to BTC via Changelly.
Contact Changelly. Sounds like their system has messed up again.
There's a history of complaints about them:
https://www.trustpilot.com/review/changelly.com
Good luck.
My noob question:
Yesterday, I converted approx $1500 worth of XMR to BTC via Changelly.
Looking at the transaction page on Blockchain.info I see 5 confirmations with a figure of 0.00973 BTC ($124.64 ish)
Am I correct in thinking that with every confirmation that happens more of the BTC is "released" and hits my wallet?
The $124 worth of BTC *is* showing in my wallet.
Yesterday, I converted approx $1500 worth of XMR to BTC via Changelly.
Looking at the transaction page on Blockchain.info I see 5 confirmations with a figure of 0.00973 BTC ($124.64 ish)
Am I correct in thinking that with every confirmation that happens more of the BTC is "released" and hits my wallet?
The $124 worth of BTC *is* showing in my wallet.
No, that's not how it works. Every confirmation means that there has been another block build onto the block your transaction was confirmed in, -- The more confirmations, the more secure your transaction is against 51% attacks and other mining attacks.
You don't get "more" bitcoin with more confirmations..
Some services do require 1-6 confirmations, before your bitcoin is released. ( due to double spending & other mining attacks)
My noob question:
Yesterday, I converted approx $1500 worth of XMR to BTC via Changelly.
Looking at the transaction page on Blockchain.info I see 5 confirmations with a figure of 0.00973 BTC ($124.64 ish)
Am I correct in thinking that with every confirmation that happens more of the BTC is "released" and hits my wallet?
The $124 worth of BTC *is* showing in my wallet.
Yesterday, I converted approx $1500 worth of XMR to BTC via Changelly.
Looking at the transaction page on Blockchain.info I see 5 confirmations with a figure of 0.00973 BTC ($124.64 ish)
Am I correct in thinking that with every confirmation that happens more of the BTC is "released" and hits my wallet?
The $124 worth of BTC *is* showing in my wallet.
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