Ninace or Trust wallet transfer

[digitalalpha]

Hey guys! I used binance to pay service online using LTC, and the recipient payment getway is coinbase, I send the exact amount. But the payment has not drop on the recipient wallet and I was deducted.
My theory: it's because the i used binance directly which usually takes some times to delivery. Or I should always use trust wallet.
Pls help me out

 

[Followlix]

The order of actions when you withdraw is the following:

1. They take the LTC amount out of your balance and put it on hold
2. They transfer the LTC from their wallet to recipients wallet
3. They wait for blockchain confirmation that the recipient has received the LTC
4. They substract the LTC amount from your account and send you a confirmation e-mail that the transfer was successful

When you withdraw from Binance you can see the TX ID, copy it and check it on the blockchain to see if the transaction has been confirmed and how many confirmations does it have.

Anyway, it is recommended to not use CEXes, but use crypto wallets such as MetaMask (for EVM blockchains, not LTC).

 

[digitalalpha]

The order of actions when you withdraw is the following:

1. They take the LTC amount out of your balance and put it on hold
2. They transfer the LTC from their wallet to recipients wallet
3. They wait for blockchain confirmation that the recipient has received the LTC
4. They substract the LTC amount from your account and send you a confirmation e-mail that the transfer was successful

When you withdraw from Binance you can see the TX ID, copy it and check it on the https://blockchair.com/litecoin to see if the transaction has been confirmed and how many confirmations does it have.

Anyway, it is recommended to not use CEXes, but use crypto wallets such as MetaMask (for EVM blockchains, not LTC).

Thanks, this is helpful.

 

[Chris Newman]

Did you send it (from Binance) using the correct network as specified by the recipient ?

 

[digitalalpha]

Did you send it (from Binance) using the correct network as specified by the recipient ?
View attachment 231032

Yes, it is correct network.

 

[francdotexe]

Hey guys! I used binance to pay service online using LTC, and the recipient payment getway is coinbase, I send the exact amount. But the payment has not drop on the recipient wallet and I was deducted.
My theory: it's because the i used binance directly which usually takes some times to delivery. Or I should always use trust wallet.
Pls help me out

just give it time