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XRP disappeared while sending it from Bitstamp to Poloniex -SOLVED


MinaOR88
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Hi i sent my XRP from Bitstamp to Poloniex and it disappeared. How can i find my XRP? i have the address and i am sure it is correct, Bitstamp shows that the withdraw is finished. more than 1 hours passed and Poloniex shows nothing.   

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Ok i will wait. Hope everything is fine, i sent all my XRP to this address. I know that normally Poloniex shows a pending transaction when i should wait. Also XRP should be transferred faster than ETH and BTC  

Edited by MinaOR88
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lol, Poloniex is a gong show. The more I found out about it the less I trusted it. I still use it but I don't trust it as much as Bittrex or Kraken.

I understand that they are being hammered with new users but at the same time, I can't help but think that some shady things could be going on. I remember when people were losing their minds when they couldn't move their coins because of some serious problems. People were losing a lot of money;  http://www.newsbtc.com/2017/04/03/poloniex-issues-caused-significant-panic-losses-cryptocurrency-traders/     

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I had to wait over a day the last time I sent something to polo. But I recently withdrew from polo and sent some XRP to a different exchange which took 20 seconds if not less :P

Edited by waterl00
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4 hours ago, MinaOR88 said:

Ok i will wait. Hope everything is fine, i sent all my XRP to this address. I know that normally Poloniex shows a pending transaction when i should wait. Also XRP should be transferred faster than ETH and BTC  

I made 1 trade on Poloniex and it was a  nightmare. NEVER, EVER again ! !

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If it's the first time you're funding that address, you should send a small amount of 30-25xrp first to make sure the wallet is activited fine. After that just send 1xrp to the address and wait to see if it shows up. Only THEN should you send large amounts! 

It's worth mentioning that the initial wallet activation on Polo takes a good few hours, and your 20xrp is swallowed up, but you have your own individual wallet after that. Polo seems to check the deposit status only every ten minutes or so. Other exchanges are faster at crediting xrp deposits (Bittrex is near instant), but I've never had any issues with deposits getting lost forever.

As a general rule I always send small amounts of cryptocurrency to an address before I move large amounts, even if I've used that address before. Remember that you rely completely on the exchange to "notice" the funds in your wallet, and if they decide not to or are incapable of doing that, the coins are no longer in your control. 

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