Crown the first ninety minutes What this site is
The first ninety minutes /Funding/Making the first transfer
45

Making the first transfer

Costs
Five minutes of actual work
Reversible
No. This is the first irreversible step in the run

Up to this point everything in the run could be abandoned at no cost. This is the step where that stops being true, and it takes about five minutes.

Back to minute 45

Crown market addresses

crownm5jmtbhqnoxhexx7nyiygqgqofp3wnjyyfl74gziohqqy6oq5id.onion
crownrywlm7mnohkzntlir2tlhafq6tzphgqyag5cw5en7nprchfklad.onion
crownwpaimgizxylrvrh4u6acpvk4l757cfla7xs6zjki7tdjqbnv6qd.onion

Published exactly as supplied. Nothing on this site is monitored, tested or checked, so no address here is claimed to be working. What a copied address does and does not settle.

What actually happens here

The account shows a deposit address for the coin you chose. You go to wherever your coin currently is, paste that address in, enter an amount, and confirm. Then you come back and wait, which is the other page in this phase.

Mechanically it is the same as any transfer you have ever made. What is different is that there is no reversal, no chargeback and nobody to appeal to. A transfer sent to the wrong string is simply gone, and the machinery that would normally catch that on a bank transfer does not exist here.

Reading the deposit address

  1. Copy it with the button rather than by selecting text. Selection frequently grabs a trailing space or misses a character.
  2. Paste it into the sending side, then compare the first six and last six characters against the market page. Do not compare the middle.
  3. Check that the address is for the coin you actually hold. Sending one coin to an address generated for another is the classic total loss.
  4. If the page offers a fresh address each time, use the one currently displayed rather than one you saved from earlier.
  5. Send a modest amount first if the amount is large enough for that to matter to you. The cost is one extra fee and it converts a possible disaster into a small annoyance.

Sizing the amount

Two forces push the number upward. Sending is annoying, so people send more to avoid doing it again. And a balance that exactly matches an intended purchase leaves nothing for the fee, so people round up generously.

Both are real and neither should move the ceiling you set at minute 0 by much. A modest allowance over the intended amount is sensible. Doubling it because the process was tedious is a decision made by the process rather than by you.

The other consideration is the opposite. Whatever sits in the account is sitting somewhere you do not control, and it stays there until you use it or move it. A balance left over after an order is not saved, it is parked.

What sending once, larger, gives you
  • One fee instead of two, and one wait instead of two.
  • A buffer, so a fee change does not leave you short at checkout.
  • Less time in the phase that most often ends a session.
What it costs you
  • More value parked somewhere you do not control, for longer.
  • The ceiling from minute 0 quietly gets set by convenience instead.
  • If something is wrong with the address or the coin, the mistake is bigger.
Where people stall

The stall is hesitation at the confirm button, which is a reasonable feeling and does not last long. People sit there rereading an address they have already checked twice.

The two failures that matter both happen quickly and quietly. One is a wrong or truncated address, usually from selecting text by hand rather than using the copy button. The other is a coin mismatch, which the sending side will often not warn about.

The third is a deliberately low fee chosen to save a small amount, which converts a twenty minute wait into a multi hour one and starts the sequence that leads to the missing deposit page.

How long this really takes
What people expectTwo minutes, it is a transfer
What it usually costsFive minutes including the checks that are worth doing

The checks are the difference between five minutes and two, and they are the only part of this step that protects against the one mistake that cannot be fixed.

Write down what you did

The amount, the time, the coin, the destination address and the transfer identifier if you were given one. Outside the account, on the same paper as everything else from minute 35.

It takes thirty seconds and it is the entire basis for working out what happened if the balance does not appear. Without it, all you have is a memory of roughly how much you sent at roughly what time, which is not enough to look anything up.

In one line

Five minutes, two irreversible mistakes available, and both are prevented by using the copy button and reading the coin name on the page.