How many confirmations are required for Ethereum transactions on Coinbase?

7 answers

• AnkaMar 14, 2024 · a year ago
  Typically, Coinbase requires 12 confirmations for Ethereum transactions to be considered complete. Confirmations are the number of blocks that have been added to the Ethereum blockchain after the block containing your transaction. Each confirmation increases the security and finality of the transaction. It usually takes around 2-3 minutes for each confirmation to be added to the blockchain.
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• gaopanSep 03, 2020 · 5 years ago
  To ensure the security and integrity of Ethereum transactions, Coinbase has set the requirement of 12 confirmations. This means that your transaction needs to be included in 12 additional blocks on the Ethereum blockchain before it is considered fully confirmed. This process usually takes around 20-30 minutes, depending on the network congestion and gas fees.
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• BgvnApr 05, 2024 · a year ago
  When it comes to Ethereum transactions on Coinbase, you'll need to wait for 12 confirmations. This is to ensure the transaction is secure and irreversible. Each confirmation represents a block added to the Ethereum blockchain, and it usually takes around 2-3 minutes for each confirmation. So, you can expect the entire process to take around 20-30 minutes.
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• Jaeyong KimMar 17, 2021 · 4 years ago
  As an expert in the field, I can tell you that Coinbase requires 12 confirmations for Ethereum transactions. This is to ensure the highest level of security and prevent any potential double-spending. Each confirmation represents a block added to the Ethereum blockchain, and it usually takes around 2-3 minutes for each confirmation. So, you'll need to wait for approximately 20-30 minutes for your transaction to be fully confirmed.
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• LaysheMay 10, 2023 · 2 years ago
  When it comes to Ethereum transactions on Coinbase, you'll need to wait for 12 confirmations. This is a standard requirement set by Coinbase to ensure the transaction is secure and reliable. Each confirmation represents a block added to the Ethereum blockchain, and it usually takes around 2-3 minutes for each confirmation. So, be patient and give it around 20-30 minutes for your transaction to be fully confirmed.
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• Jaeyong KimDec 20, 2021 · 4 years ago
  As an expert in the field, I can tell you that Coinbase requires 12 confirmations for Ethereum transactions. This is to ensure the highest level of security and prevent any potential double-spending. Each confirmation represents a block added to the Ethereum blockchain, and it usually takes around 2-3 minutes for each confirmation. So, you'll need to wait for approximately 20-30 minutes for your transaction to be fully confirmed.
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• LaysheJan 16, 2024 · 2 years ago
  When it comes to Ethereum transactions on Coinbase, you'll need to wait for 12 confirmations. This is a standard requirement set by Coinbase to ensure the transaction is secure and reliable. Each confirmation represents a block added to the Ethereum blockchain, and it usually takes around 2-3 minutes for each confirmation. So, be patient and give it around 20-30 minutes for your transaction to be fully confirmed.
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