Post
Topic
Board Beginners & Help
Re: Transfer from Coinbase to Electrum not showing
by
TryNinja
on 20/01/2018, 00:18:58 UTC
I know there's transaction fees etc, but I read about 'Change' as well, is this something different? See below for what it was defined as:

Change

Let’s say you are spending $1.90 in your local super market, and you give the cashier $2.00. You will get back .10 cents in change. The same logic applies to bitcoin transactions. Bitcoin transactions are made up of inputs and outputs. When you send bitcoins, you can only send them in a whole “output.” The change is then sent back to the sender.

Thanks
That's true. But you transfered the LTC from your Coinbase account to a single Bitcoin address. So I don't think there is any change.

If you look at the transaction id, you will probably see something like this (example):

200 LTC (Coinbase) -> 10 LTC (your address)
                                 190 LTC (other Coinbase address)

So the whole amount of LTC you own was sent to your Bitcoin address and the remaining (owned by Coinbase) sent back to Coinbase as their change.