So I withdrew bitcoins and transferred them to SR2. Only a very small amount, but is this a safe way to do it? My bitcoins have left BSMbut aren't on SR2, but I suppose I need to be patient. Any advice? Thanks!
Transferring bitcoins from one market to another
So I withdrew bitcoins and transferred them to SR2. Only a very small amount, but is this a safe way to do it? My bitcoins have left BSMbut aren't on SR2, but I suppose I need to be patient. Any advice? Thanks!
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So there is something called the 'blockchain' you can use to see the status of any bitcoins you're moving. If you download the bitcoin client, you will also download a copy of the blockchain which is like a couple gigs now. This is a list of all the transactions in the history of the currency. It has every address and how much money it has. Every transfer between different addresses.
Copy and paste the address you're receiving into. Don't check the deposit address of the account you're transfering from. It's likely not going to be sent by that address as any good market will tumble (send from a different address to make it harder to track the movement of bitcoins).
The transaction will require something like 3-8 confirmations. This is computers in the bitcoin network checking to see if the transaction is valid. Once you have 8 confirmations you should have the money in the account.
Just be chill, man. Your bitcoins will arrive soon. PM me the final deposit address and I'll tell you if they will be there soon or not. Unless you know how to, then just look :)