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Author Topic: First BitCoin transaction  (Read 230 times)
hollipharm (OP)
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August 06, 2018, 02:19:03 AM
 #1

I made my first bitcoin purchase using Coinmama.  The Coinmama site shows my transaction as complete but the transaction is not showing up in my wallet.  I am afraid I did something wrong and hope I didn't just lose all my money!  Any help would be greatly appreciated.  Thank you!

FYI
I cut and pasted my "receiving address" from my electrum wallet onto the Coinmama site and then confirmed that address before completing the transaction.  I saved the request in my wallet and have waited about 30 minutes.  My wallet balance is still showing zero and the saved request is still showing pending.  The order on my Coinmama account is showing completed.
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Bitcoin addresses contain a checksum, so it is very unlikely that mistyping an address will cause you to lose money.
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hollipharm (OP)
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August 06, 2018, 02:37:10 AM
 #2

The bitcoin transaction is complete.  I was just a little to impatient!
philipma1957
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August 06, 2018, 02:37:48 AM
 #3

what was the sending address
what was the receiving address
what was the tx id


we can not help  with the info you gave us.


never mind for this time  but next time provide some info.

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Theb
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August 09, 2018, 07:55:55 AM
Last edit: August 09, 2018, 08:31:52 AM by Theb
 #4

Any updates on your current situation hollipharm? Have you received the Bitcoin you have purchased? Maybe you are just overthinking as it is your first time buying BTC and you can always double check and confirm when a payment is incoming in the blockchain website what you just have to do is to put the wallet address you use here, https://www.blockchain.com/btc/address/COPYandPASTEyourAddressHere. In here you will see your latest transaction and how many confirmations it have, also most wallets needs about 4-6 confirmations before it reflects in your wallet account.

Edit :
Oops my bad, I probably didn't notice the second post. And @bob123 he might not be able to lock the thread as his last active date was on the day he opened this thread. He probably just created an account to ask about his concern.

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bob123
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August 09, 2018, 08:15:21 AM
 #5

Any updates on your current situation hollipharm? Have you received the Bitcoin you have purchased?


It is literally the second post in this thread..




also most wallets needs about 4-6 confirmations before it reflects in your wallet account.

No. Most wallets show the transactions either with 1 confirmation or as soon as it is received (as unconfirmed).
Note that a wallet often is a piece of software which lets you manage your private keys (desktop-/mobile-/hardware- wallet), not an exchange account or any other 3rd party service.
Because only such services do 'credit' the amount of btc's after X confirmation.

Additionally mentioned he is using electrum to receive the coins. Electrum shows transaction as soon as it receives the information (0 confirmation).




@OP
Since your issue doesn't persist anymore, you might want to lock the thread. Scroll down and press lock topic in the lower left corner.


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August 10, 2018, 06:10:05 PM
 #6

The first one is always frightening  Wink

Indeed, yes it is!

I made my first bitcoin purchase using Coinmama.  The Coinmama site shows my transaction as complete but the transaction is not showing up in my wallet.  I am afraid I did something wrong and hope I didn't just lose all my money!  Any help would be greatly appreciated.  Thank you!

FYI
I cut and pasted my "receiving address" from my electrum wallet onto the Coinmama site and then confirmed that address before completing the transaction.  I saved the request in my wallet and have waited about 30 minutes.  My wallet balance is still showing zero and the saved request is still showing pending.  The order on my Coinmama account is showing completed.

It can take up to (and technically over) 2 hours for even a high priority transaction to get confirmed.

What I usually do to check the address copied is right is to check the first and last three or four letters and also check a letter somewhere in the middle. (use the first three letters after the 1/3 in any address.
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