So i tried to transfer steem....

in #steem7 years ago

Long story short im very new to the crypto world i recently tried to transfer steem from Genises Mining to Bitrex after about a week i noticed no steem credited to my acct, Then i realized i forgot to put the word "true" in the memo part instead i accidentally put bittrex "Duh" neither places have responded to me and its been almost 3 weeks along with bitcoin fees being ridiculous. I know its crazy but i think dealing with banks is better way faster transactions and lowwr fees hands down 25$ a month vs 2-100$ per transaction depending on the amount and actual customer service im not even sure what to do now im assuming my steem is lost since technically no one ever has to reply and it has been almost a month 🤐🤐

Sort:  

Your best bet is to once again contact the exchange and Genesis mining. Provide the details of the transaction. Assuming you followed directions then Bittrex likely received the funds and doesn't know where to forward them.

You aren't the first person to loose some coin and you won't be the last. Very often there is no undo button. The best practices are:

  1. confirm all details before transferring. Validate the first and last 4 to 6 character of the addresses even if they were copy and pasted.

  2. Send a small amount first and only send more once you have confirmed it has arrived.

  3. Use a notepad application to record all of the transaction details. This way, if there is an error, you can provide them to support or use block explorer sites to find the transaction.

Likely, Bittrex support will be able to help so long as you can provide all of the transaction details and the payment was actually received by them.

In my opinion, banks aren't better. When you deposit your money, you no longer own it or have control over how it is used (same applies to leaving money on an exchange like bittrex, use the service and move that capital). I will take freedom over slavery, debt and crappy support/minor conveniences any day.

Last, who the hell is charging $100 transaction fees? Not even Bitcoin is doing that.

Thanks hun much appreciated & yea i exagerated a bit with the fee 😮but it was due to a 62$ fee for a 400$ exodus transfer of bitcoin.

Ouch! That Bitcoin must have been spread across an awful lot of block space. Bitcoin isn't very good for micro transactions.