[WARNING] Don't send Peerplays PPY tokens to an exchange from a BTS sharedrop claim account
It has been confirmed in the Peerplays Telegram channel that the bitshares sharedrop accounts (which are accounts that are prefixed with "bts-") that are claimed when you import a valid bitshares key to claim share dropped stake should not be used to transfer funds to an exchange.
Doing so could result in having to wait on a support ticket at the exchange, because these accounts do not contain memo keys and are not properly submitting a memo in the transaction, which is usually required when sending any stake to an exchange.
Instead, avoid this headache by transferring share dropped funds to an account registered with the faucet or CLI first.
Thank you, sir, for your PSA.
You're welcome @johnsmith!
Thanks for the heads up! @robrigo
You have been PROMOTED FREE for using the "warning" TAG (hashtag)
https://steemit.com/promoted/warning
Resteem...
I'm a bit down about all this. I sent 5 PPY last weekend to the livecoin.net account on peerplays. They asked me for the transaction ID which I provided but the latest message is basically saying bad luck. But surely they can refund it back to me as I sent it from my account to their account. I put the memo field in but it seems that no one tested it from older peerplays account holders that were around at the time of the share drop. I guess I'm mostly annoyed by livecoin.net who IMHO are using this as a chance to claim free PPY when it would be simple and great customer service if they issued refunds to those that have done nothing wrong.
Thank you very much for informing me, I keep following you, because the information you provide is very useful. have a great activity.
Thank so much for the advice.
All these different tokens and platforms and exchanges, trying to keep up makes me feel like I need to quit my job!
Better yet, send your PPY to me for safekeeping. :)
Ahaha. I would not be selling it right now, either.
Isn't it risky to expose my private bitshares key to peerplays in order to claim the tokens?
It's not ideal, however you can always read the Peerplays code or have someone else read it that you trust can verify that there is no malicious behavior happening.
This is the old school sharedrop method... and it definitely depends on trust.
Thanks for this. You saved me from making a mistake.
Informative and useful, efficiently written, I dont like to read articles on pages about simple things, keep it simple way :) Thanks!