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Author Topic: I tried to send bitcoins from my wallet in my computer (bitcoin core) to binance  (Read 82 times)
AntoineBitcoin (OP)
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November 13, 2024, 08:25:51 AM
 #1

Hi everybody,

I tried to send bitcoins (test with low amount) from my wallet in my computer (bitcoin core) to binance, the transaction appears in my bitcoin core software but not in my binance account. I don't know where my bitcoins are now...

Somes already had this issue ?  How to correctly send bitcoin frol bitcoin core to binance ?
Charles-Tim
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November 13, 2024, 08:33:44 AM
 #2

Probably the transaction has not yet been confirmed may likely be the reason. If you do not mind, you can let us know the txid for us to know some information about the transaction.

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November 13, 2024, 08:35:18 AM
 #3

As long as you sent those coins to the right address and the transaction was successfully broadcast, you are good. The coins should be on the MEMPOOL waiting to be confirmed and based on the fees you used if it's big it will be confirmed faster. The MEMPOOL is just a memory pool for the bitcoin network where transactions waiting to be confirmed are found.

You can search MEMPOOL on your browser and paste your transaction hash there to see the status of the transaction. Also if the transaction is RBF enabled, you can increase the fees if you want it confirmed faster.

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November 13, 2024, 08:44:52 AM
 #4

Charles-Tim is right... How long have you made this transaction, if it hasn't being long just relax for it to be confirmed. If you are curious to know about your transaction, you can use https://mempool.space/ to check your transaction or https://blockchair.com/. Paste your tx i.d on the search space.

R


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November 13, 2024, 09:23:36 AM
 #5

Hi everybody,

I tried to send bitcoins (test with low amount) from my wallet in my computer (bitcoin core) to binance, the transaction appears in my bitcoin core software but not in my binance account. I don't know where my bitcoins are now...

Somes already had this issue ?  How to correctly send bitcoin frol bitcoin core to binance ?

Instead of checking your overall balance, you should check your deposits page, or your email. If I'm not mistaken, Binance does send you an email and show you the transaction even before it receives confirmations.

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November 13, 2024, 09:46:54 AM
Merited by OmegaStarScream (3)
 #6

Instead of checking your overall balance, you should check your deposits page, or your email. If I'm not mistaken, Binance does send you an email and show you the transaction even before it receives confirmations.
It works for altcoins that the time it will confirm will not be long. If it is bitcoin, no notification would be received unless the transaction has been confirmed on blockchain. Binance will send incoming notification after that time and also send confirmation notification like 30 seconds after. It is deceiving.

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November 13, 2024, 10:49:39 AM
 #7

Hello everyone,

First I want to thank you all for your answers. Smiley

Sorry for the time it took me to answer you. So I folllowed your recommendations :
I pasted my tX Id inblockchair : it doesn't appears
I pasted my tX id in memepool : the transaction appears to bet not confirmed yet...
https://ibb.co/f0C8gxh
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November 13, 2024, 10:56:48 AM
 #8

I pasted my tX id in memepool : the transaction appears to bet not confirmed yet...

Is that not 1 sat/vbyte? Even the purging right now is 1.87 sat/vbyte. The transaction was able to get broadcasted because you run your own node and make some changes to the settings. Use https://mempool.space/to check the fee rate. 15 sat/vbyte right now is good. You can increase the fee up to that if you want your transaction to get confirmed fast.

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November 13, 2024, 11:04:56 AM
 #9

I pasted my tX id in memepool : the transaction appears to bet not confirmed yet...
https://i.ibb.co/zVXqGLQ/Screenshot-20241113-114545-Chrome.jpg
Is that not 1 sat/vbyte? Even the purging right now is 1.87 sat/vbyte. The transaction was able to get broadcasted because you run your own node and make some changes to the settings. Use https://mempool.space/to check the fee rate. 15 sat/vbyte right now is good. You can increase the fee up to that if you want your transaction to get confirmed fast.

Yes it is 1 sat/vbyte but my transaction is about 0.00001225 bitcoins so if I increase the fee up to 1.87 or even 15, I will have more fees than bitcoins no ? I'm going to lose a lot of money with that ?
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November 13, 2024, 11:09:16 AM
 #10

Yes it is 1 sat/vbyte but my transaction is about 0.00001225 bitcoins so if I increase the fee up to 1.87 or even 15, I will have more fees than bitcoins no ? I'm going to lose a lot of money with that ?
I do not know how much coins you are transferring, but I noticed the transaction may have more than 1 inputs if not outputs. If it is a small amount of money, no need to waste your time on dust amount. Just wait until the mempool is less congested up to 2 sat/vbyte again and use the opportunity to consolidate your input, or to send the coin to Binance. Always check Binance minimum deposit to make sure it has not changed from 1 sat at the time.

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LoyceV
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November 13, 2024, 12:11:37 PM
 #11

Yes it is 1 sat/vbyte but my transaction is about 0.00001225 bitcoins
The transaction size (in Bitcoin) doesn't matter. The size in (v)bytes matters, that's why the fee is measured per vbyte. It's been more than a year since 1 sat/vbyte was enough to get a confirmation.

Quote
I'm going to lose a lot of money with that ?
Correct. The solution is simple: don't send dust amounts of Bitcoin on-chain.



You're using Bitcoin Core, but it looks like you don't know the basics about how Bitcoin works. I'd say start reading my topic on small inputs. It's not completely fitting your problem, but it covers the same basics.

¡uʍop ǝpᴉsdn pɐǝɥ ɹnoʎ ɥʇᴉʍ ʎuunɟ ʞool no⅄
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