So, it happened that your transaction is unfortunately failed, and it takes time to contact our support team and find out what happened. But there are common reasons why transactions fail that can easily be avoided.
One of these reasons is a low amount of coins that we have received from you.
If you are accustomed to the crypto world somehow, you are likely to know about network fees. These are small amounts of coins anyone sends as a reward for miners when doing any kind of transaction in blockchain. The bigger network fee, the higher the priority of your transaction. In some cases, you may encounter unfortunate issues related to large network fees and a smaller output amount, as s result. Eventually, you may wonder how come the output amount turned out to be way smaller than expected. In most cases, the answer is in floating network fees that are always deducted from the amount to send.
The crypto industry as a whole is full of techy and complicated things that may confuse you. Some of 90+ currencies we support require different measures to take before exchanging them. Over 70% stuck transactions happen due to the negligence of these measures. We will take a closer look at common mistakes happening during the exchange process and sort out the possible aftermath. Let’s look into issues occurring with Ripple’s destination tags, NEM’s messages and memos in Steem, Stellar and Decent.
If you have ever made a transaction using Changelly, you know that each exchange goes through three steps. Under normal conditions, it takes no more than 30 minutes to be fully processed. If your transaction takes longer, this could be due to a variety of factors. To find out the reason for the delay, it is important to determine on which stage it happened. The screen with your transaction updates automatically in real-time. Alternatively, you can to your History page to find the transaction you have issues with and check its status.
Axiom Zen, a Canadian IT company, released Cryptokitties, a hilarious viral game based on the Ethereum blockchain. Users can buy and sell kittens, raise, crossbreed and reproduce them. For less than a week since the launch, the game has reached $3 000 000 and caused transaction backlog. Why? Everyone loves kitties!
It’s been a long road we share now together. Vergecoin is finally listed on Changelly. Verge is a promising cryptocurrency project with the large community across the world. Let’s take a look at its cool features and learn how to buy the native coin on Changelly.
A bit about Verge
Verge is an open-sourced decentralized cryptocurrency with the scalable public blockchain. It utilizes multiple anonymity-centric networks, e.g. I2P and Tor that hide a sender/recipient and make transactions totally untraceable. With Simple Payment Verification (SPV) onboard, the Verge network is enable to process transactions in a super-fast manner. The average confirmation time takes 5 seconds. Verge is designed as a crypto for everyday use available for everyone from individuals to businesses.
How to exchange Verge
1. Select XVG on the right and the coin you want to exchange on the left. Enter the amount.
2. Check the information. Change it, if needed, and proceed to the next step.
3. Enter your Verge wallet address.
4. Check attentively all information here. Note that the amount in ‘You get’ is estimated which means it remains volatile while the exchange process. Confirm and make payment only in case you agree with it.
5. Send your coins to the address below in one transaction. To do it, copy the address or scan the QR-code with your wallet app.
6. Go to your wallet, enter the amount and paste our address.
Since the last Thursday, we are experiencing truly phenomenal behaviour of the cryptocurrency market. Over the last few days, Bitcoin price significantly went down, whereas Bitcoin Cash skyrocketed up to five times. Due to extraordinary demand for Bitcoin Cash, Bitcoin miners abandoned the blockchain leaving it with 150,000 transactions pending. The affair had a huge impact on a range of crypto exchanges and Changelly as well. Many of our users got frustrated facing abnormal delays and transaction failures. We understand it and sincerely apologize for the anxiety and waiting seemed endless. In this article, we would like to tell you everything as it happened these days.
As a follow up to our recent post about Widget, we keep guiding you through Changelly’s Affiliate Program that gives you forever lasting 50% revenue share. Now let’s take a look at our referral link that you can place anywhere. Unlike the widget that should be placed on your website, the referral link has no restrictions. It can be placed on your own project web page as well as on external platforms like forums or social media.
Nobody wants to become a victim of scams. Just like any new industry, the crypto world is full of various shady “businesses” trying to fool you. One of the most tricky methods to steal your savings is phishing. Phishing uses malicious websites disguised as legitimate links of well-known services. A typical phishing link is misspelt. It misses or contains a letter or domain which is hard to define. Even your are tech-savvy, you may easily fall prey to phishing scams without noticing it.
Changelly team is deeply concerned about phishing. We want you to learn about how cryptocurrency phishing scams spread and what to do in order to avoid them and save your money. Let’s look into this box of tricks using the examples of Changelly and Myetherwallet, one of the most prominent wallets for Ether and tokens.