I mined some zcash and transfered it to my bittrex zcash wallet address. The cli reports it was successsful, getbalance shows 0.00 after the transfer, but there is no pending deposit in bittrex and nothin in my bittrex zcash wallet either. Any clues?
Did you pay the mining transaction fee when you moved it? if not it could take 24 to 48 hours
I paid the 0.0001 ZEC fee … it gave an error otherwise. Is there any other fee? The operation result says it was successful:
~# zcash-cli z_getoperationresult
It just showed up in bittrex. It took about 3 hours … is that normal?
Yes, originally I typed it takes 2-4 hours for a transaction to post, give it time… I should have left it
it is not instant transaction a slight process it has to go through
if you didn’t pay the mining fee it could take 48 hours
What about if I mine directly to the bittrex wallet address? Suppose I use a mining pool that pays every hour.
Its never a good idea to do that, as everyone will tell you. The two main reasons are:
- they close up shop and take your coins
- they are not equipped for mass deposits daily.
If you’re okay with the fact that they can close up shop and take your coins, then ignore main reason one.
If you can change it to every 4 hours deposit (or longer) then ignore main reason 2
Many thanks for the answers. What do you mean by “they are not equipped”? Are there extra fees for mining directly there, rather than my own wallet and transferring more rarely using the cli?
Exchanges were built for each user to make 2-4 move transactions per day, not each user to make 24 per day