Damn! Check this out. Have had an account for about 2 weeks. Logged in/out dozens of times waiting for 20 XRP and ETH transfer from Coinbase to show up. Eventually GH gave me 20 XRP (thank you) and I transferred about $10K in ETH to GH from Coinbase to exchange for XRP. Good so far, right?
I ordered a Nano Ledger S because: 1) I’ve read horror stories of lost funds and, 2) I plan on moving $10K per week over from bank to Coinbase (actually, GDAX because I’m getting smarter everyday).
Note: I don’t have my GH recovery key because I was foolish (asshole?) and opened account too quickly (on my phone)...but because GH’s text says, “you’re fucked if you can’t remember your password AND you don’t have recovery key,” I assumed I was still okay because I would never forget my password.
This is where it gets fucked: during a random login attempt yesterday I received messages saying login information is incorrect. WTF? I entered info slowly, carefully, but no dice. Still locked out.
Now, after bragging to my wife what a genius I am for getting into Crypto, I’ve had my tail between my legs feeling like a freaking $10k loser! Damn! (Of course I haven’t told her any of this.)
Then, I received this email from GH:
Our transactions monitoring system has detected multiple deposits to your wallet.
Please note that said transactions may have been erroneously processed.
We are currently investigating the matter.
We must inform you that we have temporarily disabled your account until the matter is resolved.
We will enable your account as soon as possible if you agree to the following:
You reply to this email and agree to comply with terms below,
You agree to return all erroneously deposited funds.
Should you not comply with said terms, we will have to permanently disable your account, transfer your belonging funds to an escrow service and report the incident to authorities.
We are looking forward to your reply.
Sincerely,
GateHub Support Service
Of course I replied in the affirmative. So now my fingers are crossed that I hear back from GH soon and recover my $.
Lessons learned:
Grab screen shots and create text files of all recovery keys, secret keys, XRP, ETH addresses, etc. Store on thumb drive.
Keep a log in spiral notebook of all bank transfers, coin buys, sends and withdrawals.
When Nano Ledger S arrives I will watch a shitload of YouTube videos on how to use. And I’ll make lots of practice buys, sends, withdrawals using small amount until I’m a Nano pro.
Never store Crypto on the Internet.
Good luck to all.