In the near future, I want to exchange my Bitcoin for Monero. I recently visited the Mobit exchange website, and read some instructions on how to use it, but I don't really understand about the "Refund Address" field.
I want to know about it, and I have a few questions related to this :
- Is it better to enter my address in the "Refund Address" field, rather than leaving it blank?
I think entering a refund address would be more helpful, especially when I want to cancel a transaction. I read on the website, that a support team is available, but wouldn't it make easier for the support team to refund the funds more quickly? and, if leaving it blank (without inputting the refund address), will it take longer to process the refund?
I would like to know exactly what is going on with this. If you know, or have ever experienced anything related to the refund address, please share it.
Thanks for the question, let me clarify that.
There is no difference in processing times or anything else whether you include the refund address from the beginning or not. If you do not provide a refund address, your order is in queue, and you wish to refund it later you can provide the refund address then. If you provided it from the beginning the refund will go through just fine.