Bitcoin Forum
May 27, 2024, 01:26:49 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Proof of BTC credit to an Exchange wallet.  (Read 84 times)
afduggirala (OP)
Newbie
*
Offline Offline

Activity: 5
Merit: 0


View Profile
December 26, 2017, 07:13:52 PM
 #1

If I send BTC to a BTC address provided by my exchange (say Bitstamp), and for some reason the BTC is not received, or at some point the Exchange claims this transaction didnt happen. How can I show that the address I sent the BTC to BELONGS to the Exchange? Do exchanges post a list of addresses used by them? Obviously a screenshot is not proof enough that a BTC address was in fact provided by the exchange to credit my account.
thanks,
olubams
Hero Member
*****
Offline Offline

Activity: 798
Merit: 503


View Profile
December 26, 2017, 07:34:33 PM
 #2

If I send BTC to a BTC address provided by my exchange (say Bitstamp), and for some reason the BTC is not received, or at some point the Exchange claims this transaction didnt happen. How can I show that the address I sent the BTC to BELONGS to the Exchange? Do exchanges post a list of addresses used by them? Obviously a screenshot is not proof enough that a BTC address was in fact provided by the exchange to credit my account.
thanks,

It simple, the way the blockchain is designed there is transparency. The only thing I think can suffice in this case is you having a screenshot of where the address is generated and your transaction ID which can be verified by anybody. There is a slight chance that in the process of copying and pasting, you might sent to another address but aside that, if the fund is confirmed it will be there all you need to prove is that the address you sent it to, was generated from them.
afduggirala (OP)
Newbie
*
Offline Offline

Activity: 5
Merit: 0


View Profile
December 26, 2017, 07:52:51 PM
 #3

Lets say the exchange says I forged the screenshot (or I dont have one). How could I show, to a third party (a judge) that the exchange provided that BTC address to me?
pugman
Legendary
*
Offline Offline

Activity: 2383
Merit: 1551


dogs are cute.


View Profile WWW
December 26, 2017, 08:12:04 PM
 #4

You have your address, run it up on block chain, if ever you made a withdrawal it'll show in the list of transactions made for that specific address, and then you can easily prove that you did send the bitcoin to that exchange given you put the correct address on the address bar. There are chances where you could have sent your bitcoin to the wrong address, so double check on your side first. If the exchange ask you for the ownership of the address you made the withdrawal from, you can sign a bitcoin message and prove yourself not guilty.

Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!