I have made several crypto transactions but never lost my fund. However, while making transaction I always have a fear of losing fund if I give a wrong address. So, when I make a crypto transaction I forget everything and give full concentration there so that the chances of losing fund can be reduced.
I have converted steem to bitcoin several times but never faced any problem except one which I made in 2017. I converted steem into bitcoin and sent it to my crypto wallet which I had to sell for fiat but unfortunately the fund hadn’t reached my wallet even after several hours have gone. I always used to convert steem into bitcoin using blocktrades. I immediately contacted them regarding the matter. The support team told that recently bitcoin miners have increased their transaction fees and so it was taking time to credit in your wallet. However, my wallet was credited next day.
Recently I made a couple of ethereum transactions and found very easier and quicker than bitcoin. However, wallet address can be always a big factor if you give wrong one.
Much attention is given to scaling blockchains on a technical level – more specifically, the ways in which they can be upgraded or improved to store more transactions and accommodate more users as the systems grow. But if users don’t feel confident, safe and comfortable using cryptocurrency, will that even matter?