How long does it take for Coinbase to require confirmations for Reddit transactions?
JamalJan 02, 2022 · 3 years ago3 answers
Can someone tell me the average time it takes for Coinbase to require confirmations for Reddit transactions? I'm new to cryptocurrency and I want to make sure I understand the process correctly.
3 answers
- Jan 02, 2022 · 3 years agoTypically, Coinbase requires 6 confirmations for Bitcoin transactions on Reddit. This process usually takes around 1 hour, but it can vary depending on network congestion and other factors. It's always a good idea to check the transaction status on both Coinbase and Reddit to ensure the confirmation process is completed.
- Jan 02, 2022 · 3 years agoHey there! Coinbase usually requires 6 confirmations for Bitcoin transactions on Reddit. This means that it can take around 1 hour for the transaction to be fully confirmed and visible on Reddit. Keep in mind that this timeframe can vary depending on the network conditions, so it's always a good idea to double-check the transaction status on both Coinbase and Reddit.
- Jan 02, 2022 · 3 years agoWhen it comes to Coinbase, they typically require 6 confirmations for Bitcoin transactions on Reddit. This process usually takes around 1 hour, but it can be longer if the network is congested. It's important to note that this confirmation requirement may vary for other cryptocurrencies and platforms, so always check the specific guidelines for the coin and exchange you're using.
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