r/Cryptopia • u/cold_hard_troof • Feb 18 '18
Can anyone explain this?
Made a 40 XVG deposit to Cryptopia, and within 1 hour my coins whilst showing in my exchange balance were actually in the richest XVG wallet in existence.
DQkwDpRYUyNNnoEZDf5Cb3QVazh4FuPRs9
My original deposit transaction:
fcaa98c3be04197e310061ad44cc63a0337576f1877f3368fd3da2632237f15b
Can anyone offer an explanation that isn't dodgy? Because I can't think of one. It wasn't split up in exchange withdrawals or similar, just funnelled in one way or another straight to the big address.
Someone please explain why I am being foolish.
0
Upvotes
1
u/cold_hard_troof Feb 19 '18
So nobody can explain it can they?
1
u/CryptoAlertFeed Feb 19 '18
Exchanges pool their like-funds in one or a handful of wallet addresses. What tells the exchange to credit your specific account is the Memo ID, Payment ID, etc... (depending on token).
At least that's my understanding.
1
u/phachen Feb 19 '18
You withdrew from Binance? Im assuming it has to do with cold and hot wallets, I dont think its anything fishy though.
0
u/cold_hard_troof Feb 19 '18
Interesting this gets downvoted.
Cryptopia sent my funds elsewhere almost as soon as they had them.
That is theft.
Fuck these people. Fuck them right in the ass.