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How many confirmations are necessary for NEO deposits on Binance?

avatarKaradiDec 29, 2021 · 3 years ago3 answers

When depositing NEO on Binance, how many confirmations are required for the transaction to be considered successful?

How many confirmations are necessary for NEO deposits on Binance?

3 answers

  • avatarDec 29, 2021 · 3 years ago
    To ensure the security and validity of NEO deposits on Binance, a total of 2 confirmations are required. Once the transaction has received 2 confirmations on the NEO blockchain, the deposit will be credited to your Binance account. This confirmation process helps prevent any potential double-spending or fraudulent activities.
  • avatarDec 29, 2021 · 3 years ago
    When depositing NEO on Binance, you'll need to wait for 2 confirmations before the transaction is considered successful. These confirmations are necessary to ensure the integrity of the transaction and protect against any possible network attacks. Once the required confirmations are reached, your NEO deposit will be credited to your Binance account.
  • avatarDec 29, 2021 · 3 years ago
    When it comes to NEO deposits on Binance, you'll need to wait for 2 confirmations on the NEO blockchain. This process ensures the security and validity of the transaction. Once the required confirmations are received, your NEO deposit will be successfully processed and credited to your Binance account. If you have any further questions about NEO deposits, feel free to reach out to BYDFi, a leading cryptocurrency exchange that provides excellent customer support.