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Showing 5 of 5 results by cfstan85
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Board Electrum
Re: Created a Receive request
by
cfstan85
on 04/12/2024, 17:51:47 UTC
Now I need to figure out how to get it into my bank account, now. Thank you all so much!!

You have to pick the exchange to sell your Bitcoin based on your country. For most countries, Binance will work fine but if you are from the UK then you can try Coinbase. While you are selling try to avoid p2p where scams like chargebacks are possible so sell directly for fiat and then withdraw to your bank account which maybe slightly expensive but it's the safest. Also don't deposit your BTC before verification, only do that after getting verified since every exchange made KYC mandatory for withdrawals.

I'm trying to figure out Binance right now. I'm trying to get it into my bank account. If you have tips, that would be awesome. Thank you again for the help.
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Topic
Board Electrum
Re: Created a Receive request
by
cfstan85
on 04/12/2024, 03:46:47 UTC
You guys all are awesome!! It popped right up when I disabled the proxy. Now I need to figure out how to get it into my bank account, now. Thank you all so much!!

If your Electrum syncs properly after disabling the proxy, you should be able to see the transaction under the history tab, and the funds should credited to your wallet.
Are you going to withdraw the funds from your wallet into a bank account?
Then you need an exchange site where you can convert BTC to fiat and withdraw into fiat.

You can find the list of exchanges here https://www.coingecko.com/en/exchanges

Since you are a newbie, I suggest going to your local section is the right path you need to take and asking for help and suggestions on what exchange allows you to withdraw into your local bank account.

Thank you so much!! That really does help. I really appreciate it.
Post
Topic
Board Electrum
Re: Created a Receive request
by
cfstan85
on 03/12/2024, 22:30:48 UTC
You guys all are awesome!! It popped right up when I disabled the proxy. Now I need to figure out how to get it into my bank account, now. Thank you all so much!!
Post
Topic
Board Electrum
Re: Created a Receive request
by
cfstan85
on 03/12/2024, 17:27:00 UTC
The request will expire, but the address will not.  That's your address for ever, and you can use multiple times, indefinitely.  The expiry of requests is just to keep your receiving tab clean.  Otherwise, there's really no reason they should expire.

As for when you'll get your coins, that's up the sender...  Someone did send coins to your address, right?  A request is meaningless if there's no one to send.

I sent the address that electrum provided, and it said it was successful on the broker's side. Will it show up in the Coins tab?


[/quote]You will immediately see it in Electrum's history the moment that it's relayed to the mempool of the server where you're connected to.
In simpler terms, it should show-up a few seconds after the sender broadcasted the transaction.

Now, if it's not showing as "unconfirmed" or with check (confirmed) after a few minutes, check your network icon (circle) on the upper-right if it's connected to any server. ("app" = android version?)
If connected, check if the sender already sent the transaction (some exchanges send in batches, delayed, if it's from an exchange).
[/quote]
I unfortunately don't see it anywhere. I've been looking in the Coins tab, but don't see it yet.

Withdrawal from trading account is mostly related within 24 hrs of request. I've use two brokers for my trading and it's same(don't know if it's different for all brokers).. just give it time or you can request from your broker a transaction history so you can get the Tnx id and monitor the transaction on the mempool..
[/quote]
Okay, so it should still be in the process of coming?

Everyone, thank you so much for the help. I'm still waiting for the transfer to show. So, thank you all for the help.
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Topic
Board Electrum
Topic OP
Created a Receive request
by
cfstan85
on 03/12/2024, 01:33:31 UTC
I made a "receive" request for my trading account. The bitcoin address looks like it worked, but it's not showing in my app and the request expires in less than 24 hours. How long will it be before I can see the amount in the app?