What is the minimum number of confirmations needed by Coinbase for Reddit transactions?

3 answers

• AnRie90Jun 26, 2021 · 4 years ago
  Coinbase requires a minimum of 3 confirmations for Reddit transactions. This ensures that the transaction is securely verified on the blockchain before it is considered valid. It is a standard practice to wait for multiple confirmations to minimize the risk of double-spending or other fraudulent activities.
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• Roberson TorresJan 17, 2023 · 3 years ago
  When it comes to Coinbase and Reddit transactions, you need to have at least 3 confirmations. This means that the transaction needs to be confirmed by the network three times before it is considered final. It's a security measure to prevent any potential issues or fraud. So, be patient and wait for those confirmations to come through!
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• Steven MurtaghMay 13, 2025 · 4 months ago
  For Reddit transactions on Coinbase, you'll need to wait for a minimum of 3 confirmations. This is to ensure the transaction is secure and verified on the blockchain. Waiting for multiple confirmations helps prevent any potential issues or fraudulent activities. So, just sit tight and let the confirmations roll in!
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