Does Coinbase have a specific number of confirmations for different cryptocurrencies?

3 answers

• abdi teshomeMar 09, 2024 · a year ago
  Yes, Coinbase has different requirements for the number of confirmations needed for different cryptocurrencies. The number of confirmations required depends on the specific cryptocurrency and its underlying blockchain technology. For example, Bitcoin typically requires 6 confirmations, while Ethereum may require 12 confirmations. It's important to note that these requirements can vary and may be subject to change based on network conditions and security considerations.
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• Lokesh KushwahOct 22, 2021 · 4 years ago
  Absolutely! Coinbase has specific requirements for confirmations depending on the cryptocurrency. The number of confirmations needed ensures the security and integrity of the transactions. For popular cryptocurrencies like Bitcoin, Coinbase usually requires 6 confirmations. However, for other cryptocurrencies, the number of confirmations may vary. It's always a good idea to check Coinbase's official documentation or contact their support team for the most up-to-date information.
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• I COJul 29, 2024 · a year ago
  Yes, Coinbase has different confirmation requirements for various cryptocurrencies. However, it's important to note that the specific number of confirmations can change over time due to network conditions and security considerations. For the most accurate and up-to-date information, it's recommended to visit Coinbase's official website or reach out to their customer support. Additionally, other exchanges may have their own confirmation requirements, so it's always a good idea to compare and consider multiple sources before making any transactions.
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