Post
Topic
Board Announcements (Altcoins)
Re: [ANN][DOGE] Dogecoin - very currency many coin - v1.5 Released!
by
digitaltradz
on 11/02/2014, 21:40:11 UTC
How long does it take to transfer coins to Cryptsy? I just transfered 16000 from one of the exchanges to Cryptsy and it says confirmed at the exchange where I sent it from but it still not appearing on my cryptsy wallet. Not even on pending deposits.. Sad ;(
Let's see, the sun burns out in 4.5 billion years......  They are very slow. Could take a few hours or could take a few days.

I have been waiting 9 hours for a deposit of Doge into Cryptsy,  doesn't show pending or anything.
It won't until they release it from the dogechain.  Look up your transaction and you will see something like not yet redeemed. Exchanges work kind of like escrow systems.  You send money to an address, the TX is stored in the chain with the address you sent it to untill the other party accepts the TX, releasing the funds to move to deposit status.  I think the good exchanges have this on auto, then it's only the confirms you wait for.  Cryptsy puts it in a que that obviously processes one TX at a time and waits for confirms, then the next, then the next.......  No batch processing run as a cron job.  Poor network management imo.