How many confirmations are needed for Ethereum deposits on Binance?
Hovmand BehrensDec 27, 2021 · 3 years ago8 answers
When depositing Ethereum on Binance, how many confirmations are required before the deposit is considered valid and credited to the account?
8 answers
- Dec 27, 2021 · 3 years agoTypically, Binance requires 12 confirmations for Ethereum deposits. This means that the Ethereum transaction needs to be confirmed by the Ethereum network 12 times before it is considered valid and credited to your Binance account. The number of confirmations required may vary depending on network congestion and other factors, but 12 confirmations is the standard requirement.
- Dec 27, 2021 · 3 years agoYou'll need to wait for 12 confirmations on the Ethereum network before your deposit is credited on Binance. It's a security measure to ensure that the transaction is legitimate and cannot be reversed. Once the required number of confirmations is reached, your Ethereum deposit will be reflected in your Binance account balance.
- Dec 27, 2021 · 3 years agoWhen depositing Ethereum on Binance, you'll need to wait for 12 confirmations on the Ethereum network. This is to ensure the security and integrity of the transaction. Once the required number of confirmations is reached, your Ethereum deposit will be processed and credited to your Binance account. Please note that the confirmation process may take some time depending on network congestion.
- Dec 27, 2021 · 3 years agoFor Ethereum deposits on Binance, you'll need to wait for 12 confirmations on the Ethereum network. This is a standard requirement to ensure the validity and security of the transaction. Once the required number of confirmations is reached, your Ethereum deposit will be successfully credited to your Binance account.
- Dec 27, 2021 · 3 years agoWhen depositing Ethereum on Binance, you'll need to wait for 12 confirmations on the Ethereum network. This is to ensure the transaction is secure and cannot be reversed. Once the required number of confirmations is reached, your Ethereum deposit will be processed and added to your Binance account balance.
- Dec 27, 2021 · 3 years agoWhen depositing Ethereum on Binance, you'll need to wait for 12 confirmations on the Ethereum network. This is a standard security measure to prevent fraudulent transactions. Once the required number of confirmations is reached, your Ethereum deposit will be credited to your Binance account.
- Dec 27, 2021 · 3 years agoWhen depositing Ethereum on Binance, the required number of confirmations is 12. This is to ensure the transaction is secure and cannot be tampered with. Once the necessary confirmations are obtained, your Ethereum deposit will be credited to your Binance account.
- Dec 27, 2021 · 3 years agoBYDFi, a popular decentralized finance platform, requires 12 confirmations for Ethereum deposits on Binance. This is to ensure the security and integrity of the transaction. Once the required number of confirmations is reached, your Ethereum deposit will be successfully credited to your Binance account.
Related Tags
Hot Questions
- 95
What are the best practices for reporting cryptocurrency on my taxes?
- 94
Are there any special tax rules for crypto investors?
- 92
What are the advantages of using cryptocurrency for online transactions?
- 84
How can I minimize my tax liability when dealing with cryptocurrencies?
- 50
What are the best digital currencies to invest in right now?
- 49
How can I protect my digital assets from hackers?
- 38
What are the tax implications of using cryptocurrency?
- 13
How can I buy Bitcoin with a credit card?