Topic: Rules are Rules - page 4. (Read 621 times)
Memos are usually used for graphene based chains like Bitshares, Steem etc. If you sent one of these coins then you will need to enter the memo regardless of the exchange.
Every trader must ever make mistakes and make they lose assets but again all we have to make the experience so as not to again there is carelessness.Whenever you start a trade in a new market, it helps us understand each of the rules that they make and do not be averaged with one another.
Its really good you have shared your experience. We all have to be careful in such situations.
If you escape rules, you will always find yourself wanting.
Respects rules, follow them and exit petty petty mistakes.
If you escape rules, you will always find yourself wanting.
Respects rules, follow them and exit petty petty mistakes.
In essence, before we take steps and decisions to trade, we must know the rules that apply, better understand and ask if less understood, to reduce the things that will harm us. Careful and wise, meticulous care is better than hurry.
You are right rules and regulations and we certainly have to obey it, because if we break a rule, then of course there will be consequences of what we do, if I may know, what exchange are we talking about here?
What a bad luck. Anything lessons should be learnt from mistakes. Thanks for sharing the incident. I hope people will be more careful from now on before doing anything.
Wherever you find yourself, always lookout for rules. Rules are rules and are meant to be obeyed. I wanted to trade on an exchange, but before trading, i needed to transfer my fund there.
I had a wrong assumption, because i thought every exchange sites have almost the same rules in common.
I made a mistake of not completing all the processes needed to transfer my fund to the exchange and that made me to loose my fund.
After contacting the admin, i was told that the penalty would be to pay a fee before it could be rectified.
To my amazement, the fund i transferred in there could not cover the fee for the penalty. It was exactly half of it. That was the price i paid for not obeying rules.
Had it been i read the rules carefully well before proceeding, i would not have lost my fund.
Rules will help you to maintain your boundaries.
Could you be more specific? What did you do that you made a mistake in token transfer? I do not understand. You sent token without transaction reference or?I had a wrong assumption, because i thought every exchange sites have almost the same rules in common.
I made a mistake of not completing all the processes needed to transfer my fund to the exchange and that made me to loose my fund.
After contacting the admin, i was told that the penalty would be to pay a fee before it could be rectified.
To my amazement, the fund i transferred in there could not cover the fee for the penalty. It was exactly half of it. That was the price i paid for not obeying rules.
Had it been i read the rules carefully well before proceeding, i would not have lost my fund.
Rules will help you to maintain your boundaries.
And what exchange are you talking about?
Wherever you find yourself, always lookout for rules. Rules are rules and are meant to be obeyed. I wanted to trade on an exchange, but before trading, i needed to transfer my fund there.
I had a wrong assumption, because i thought every exchange sites have almost the same rules in common.
I made a mistake of not completing all the processes needed to transfer my fund to the exchange and that made me to loose my fund.
After contacting the admin, i was told that the penalty would be to pay a fee before it could be rectified.
To my amazement, the fund i transferred in there could not cover the fee for the penalty. It was exactly half of it. That was the price i paid for not obeying rules.
Had it been i read the rules carefully well before proceeding, i would not have lost my fund.
Rules will help you to maintain your boundaries.
It can be very helpful for both of categories the newbies and also the skilled guys, because we are making so many mistakes because of simple ignoring that rules you are so right on that. I have personally struggled many times. I had a wrong assumption, because i thought every exchange sites have almost the same rules in common.
I made a mistake of not completing all the processes needed to transfer my fund to the exchange and that made me to loose my fund.
After contacting the admin, i was told that the penalty would be to pay a fee before it could be rectified.
To my amazement, the fund i transferred in there could not cover the fee for the penalty. It was exactly half of it. That was the price i paid for not obeying rules.
Had it been i read the rules carefully well before proceeding, i would not have lost my fund.
Rules will help you to maintain your boundaries.
Wherever you find yourself, always lookout for rules. Rules are rules and are meant to be obeyed. I wanted to trade on an exchange, but before trading, i needed to transfer my fund there.
I had a wrong assumption, because i thought every exchange sites have almost the same rules in common.
I made a mistake of not completing all the processes needed to transfer my fund to the exchange and that made me to loose my fund.
After contacting the admin, i was told that the penalty would be to pay a fee before it could be rectified.
To my amazement, the fund i transferred in there could not cover the fee for the penalty. It was exactly half of it. That was the price i paid for not obeying rules.
Had it been i read the rules carefully well before proceeding, i would not have lost my fund.
Rules will help you to maintain your boundaries.
I had a wrong assumption, because i thought every exchange sites have almost the same rules in common.
I made a mistake of not completing all the processes needed to transfer my fund to the exchange and that made me to loose my fund.
After contacting the admin, i was told that the penalty would be to pay a fee before it could be rectified.
To my amazement, the fund i transferred in there could not cover the fee for the penalty. It was exactly half of it. That was the price i paid for not obeying rules.
Had it been i read the rules carefully well before proceeding, i would not have lost my fund.
Rules will help you to maintain your boundaries.
So pathetic... I have also fallen a victim of not obeying rules and I lose my stakes for that. The rules say we should include the ICO Telegram group or website link to all our retweets which means we are to Retweet with comments but I failed to do that when I did not even read the rules, therefore, I lose my stakes for those weeks.
Many newcomers very quickly want to get money because they do not pay attention to the rules. Itself so many times already come across. Now I study everything in great detail and this is correct. With money you can not rush otherwise you risk being left with nothing. Unfortunately, such rules of the game on the crypto market
Yeah sure, rules are rules, I remember i enter into a bounty and i didn't pay attention to the rules and after many months of work, I didn't get any reward, so these days, I always read the rules over and over again.
There is a popular saying that says, where there is no rule, there is no sin. This life itself has the rule of nature. If not well followed, it might result into failure. whoever follows rules, will see the positive result.
Wherever you find yourself, always lookout for rules. Rules are rules and are meant to be obeyed. I wanted to trade on an exchange, but before trading, i needed to transfer my fund there.
I had a wrong assumption, because i thought every exchange sites have almost the same rules in common.
I made a mistake of not completing all the processes needed to transfer my fund to the exchange and that made me to loose my fund.
After contacting the admin, i was told that the penalty would be to pay a fee before it could be rectified.
To my amazement, the fund i transferred in there could not cover the fee for the penalty. It was exactly half of it. That was the price i paid for not obeying rules.
Had it been i read the rules carefully well before proceeding, i would not have lost my fund.
Rules will help you to maintain your boundaries.
Thanks you for your advice, I hope that for someone it will be useful, and maybe someone will not make such mistakes, especially for beginners it will be relevant. I also made mistakes, on the exchanges and in the bounty campaigns, it is always sad, but this way you get your own experience I had a wrong assumption, because i thought every exchange sites have almost the same rules in common.
I made a mistake of not completing all the processes needed to transfer my fund to the exchange and that made me to loose my fund.
After contacting the admin, i was told that the penalty would be to pay a fee before it could be rectified.
To my amazement, the fund i transferred in there could not cover the fee for the penalty. It was exactly half of it. That was the price i paid for not obeying rules.
Had it been i read the rules carefully well before proceeding, i would not have lost my fund.
Rules will help you to maintain your boundaries.
Yep, always follow the rules to avoid committing mistakes because sometimes it isn't on the platform's fault sometimes you need to blame yourself for being too dumb on not following the rules. Reading it all will change everything, so be cautious all the time.
Once I had similar experience. I had also lost a good amount of investment just because I had not checked the rules before. From then I am always careful about this kind of things.
I've never heard of an exchange requesting memo ID with a transaction. Unless you're doing a large whale sized OTC deposit i dont see why it is needed. Even binance doesn't require this nonsense extra info
Sorry for your losses, do you mind sharing more details about the exchange and coin so that we can be more careful next time?
Just curious is there any instruction to indicate memo at the deposit page? I agreed that we have to be careful since it is our hard earn money. It is also good to send a small deposit for testing first deposit.
Just curious is there any instruction to indicate memo at the deposit page? I agreed that we have to be careful since it is our hard earn money. It is also good to send a small deposit for testing first deposit.
I would like to know what kind of exchange it is. To get around it myself. But the agreement must be read, especially what is written in small print. I'm even interested in reading their rules and seeing their penalties.
I am not sure which rule you are talking about. This can not be happened. Can you be a bit more specific?
Wherever you find yourself, always lookout for rules. Rules are rules and are meant to be obeyed. I wanted to trade on an exchange, but before trading, i needed to transfer my fund there.
I had a wrong assumption, because i thought every exchange sites have almost the same rules in common.
I made a mistake of not completing all the processes needed to transfer my fund to the exchange and that made me to loose my fund.
After contacting the admin, i was told that the penalty would be to pay a fee before it could be rectified.
To my amazement, the fund i transferred in there could not cover the fee for the penalty. It was exactly half of it. That was the price i paid for not obeying rules.
Had it been i read the rules carefully well before proceeding, i would not have lost my fund.
Rules will help you to maintain your boundaries.
Yes, right . all exchange markets do have strict rules. but I have never experienced problems like you. if the transaction process is complete. why it hit pinalty? it sounds quite strange to me, where do you transact I had a wrong assumption, because i thought every exchange sites have almost the same rules in common.
I made a mistake of not completing all the processes needed to transfer my fund to the exchange and that made me to loose my fund.
After contacting the admin, i was told that the penalty would be to pay a fee before it could be rectified.
To my amazement, the fund i transferred in there could not cover the fee for the penalty. It was exactly half of it. That was the price i paid for not obeying rules.
Had it been i read the rules carefully well before proceeding, i would not have lost my fund.
Rules will help you to maintain your boundaries.
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