2 thousands of confirmations of the transaction. It is not necessary to trade on Poloniex
Source:
The Agency CCN found out that the crypto currency exchange Poloniex to deal with Bytecoin need too much time. The journalist decided to speculate in cryptocurrencies before, and this used the savings in Bytecoin and other currencies. The employee brought them from wallets, make a Deposit according to the instructions and paid all related fee. A few hours later all deposits in other currencies long deposited into the account were converted into Predportovyi tokens BCHABC and BCHSV. The exception was Bytecoin.
As a rule, for carrying out transactions in Bytecoin, you must wait for ten confirmations. This is 4 more than most cryptocurrencies. Why units sometimes completely crash because of unstable mining network, who continually switches between Bytecoin and other CryptoNight coins. The real concern, the author went into when it's been about 10 hours.
Could he confuse payment details, address or anything else? It is quite possible. The test showed that the journalist did the right thing. And not waiting for a Deposit, he appealed to the Poloniex support and got an interesting answer.
theHello, Paul. Thank you contacting us!
Because of the unstable network, we were forced to temporarily increase the minimum number of confirmations of transactions in BCN to 2 thousand. As a result, the replenishment BCN-balance will require more time. If you have any further questions, please contact us again.
Best regards, support team Poloniex
Three and a half day Deposit
2 thousand confirmations. At the time of this writing for the last hour on the network Bytecoin was completed about 24 blocks. Sometimes the same number is every minute, sometimes it takes a few hours. But if we take as the standard of 24 units per hour, the Deposit you will need 84 hours or 3.5 days.
Source: CCN
If the journalist knew in advance about the temporary difficulties, he just would have used a different exchange. Because Bytecoin is represented not only on Poloniex, although it now and then . And here it should be noted that he did not receive notification from exchange about possible delays in processing deposits. More data to search for .
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