Paying into Awazon Market, in four coins
Bitcoin, Litecoin, Bitcoin Cash and Monero are the four the market lists. They differ in fee, in how long a deposit takes to become spendable, and in what a stranger can later reconstruct from the ledger.
What you get, and what it costs
| Coin | Ledger | Typical block time | What it costs you |
|---|---|---|---|
| BTC bitcoin | transparent | about 10 minutes per block | the largest and most variable miner fee of the four |
| LTC litecoin | transparent | about 2.5 minutes | consistently small |
| BCH bitcoin cash | transparent | about 10 minutes | small |
| XMR monero | private by default | about 2 minutes | consistently small, and less of your history is legible afterwards |
Nothing above is an Awazon feature. Those are properties of the four currencies, and the market takes one of them. What it does decide is the number of confirmations it will wait for before it credits your deposit, and that number is the only part of the wait it controls.
How long a deposit actually takes
Two clocks run at once. The coin’s own network produces a block every few minutes, and the market credits the deposit after it has seen a fixed number of those blocks. A bitcoin deposit at the same moment as a Monero deposit will sit in front of you for several times longer, and neither of them is a sign that anything has gone wrong.
The number of confirmations a market demands is a trade it makes between its own exposure to a reorganised chain and the time you spend staring at a pending entry. A market rarely prints that number on the deposit screen, which is the reason this paragraph exists.
What is asked of you
- One address per deposit. Reusing a wallet’s address across two deposits is what makes an accounting question impossible to answer later.
- The full amount in one transaction. A split deposit is two entries to reconcile and sometimes two fees.
- Enough left over on the sending side for the miner fee, which is charged by the coin network and not by the market.
- Nothing about a coin that you have not read twice. A bitcoin address pasted into a Monero field is the single most common way a deposit becomes unrecoverable, and the two formats never collide by accident.
- The transaction id of anything you care about, kept until the entry on the other side matches it.
When a deposit does not arrive
The first thing is the transaction id, not the ticket. A transfer with a valid id and enough confirmations behind it is a fact about a public ledger, and support cannot disagree with a block explorer. What a support ticket can do is look up which internal entry your address was supposed to credit.
If the id exists and the confirmations are there and the balance has not moved, the deposit has not been lost in transit. It is sitting in a queue on the receiving side, and the difference matters for how long you are willing to wait and for what you ask for afterwards.
A deposit credited to an account you can no longer log into is a different problem, and no amount of waiting resolves it. That is why the recovery details on the security page are worth settling before money goes in.
Questions
- Does Awazon Market take Monero?
Yes. Monero is one of the four listed, and it is the only one whose ledger does not disclose who paid whom, which is why it is the coin people ask about by name.
- How many confirmations does a deposit need?
Whatever the market displays for that coin at the moment you look, and that is the honest answer to a question this page cannot answer for you. Block times above are fixed; a confirmation policy is a setting someone chose and can change.
- Why is the bitcoin fee sometimes bigger than the order?
Because a bitcoin miner fee is priced by how crowded the mempool is at that minute, and nothing about a small order makes it cheaper. Litecoin and Monero are where that stops being true.
- Do I need a wallet of my own?
To send money in, yes. Custodial is the word for what a market account is, and the escrow page says what that does and does not cover.
- Does a mirror change anything here?
No. The mirrors are doors, and the wallet behind all of them is one wallet.