🐋 Beyond watching the markets, you should understand these basics too: on-chain transfers
When you withdraw from an exchange, once the request has been broadcast to the blockchain, the exchange can no longer cancel it. It can only be canceled before it is broadcast.
This irreversibility protects the recipient: once the funds have received enough confirmations, there’s no need to worry that the sender will later reverse the payment.
Related coin: $BTC , current price 81647.56, 24h -0.64%.
Understand how it works before taking action, and don’t make decisions on impulse.
When you withdraw from an exchange, once the request has been broadcast to the blockchain, the exchange can no longer cancel it. It can only be canceled before it is broadcast.
This irreversibility protects the recipient: once the funds have received enough confirmations, there’s no need to worry that the sender will later reverse the payment.
Related coin: $BTC , current price 81647.56, 24h -0.64%.
Understand how it works before taking action, and don’t make decisions on impulse.