How many confirmations are required for Bitcoin Cash transactions on Coinbase?

3 answers

• Dec 29, 2021 · 3 years ago
  To ensure the security and validity of Bitcoin Cash transactions on Coinbase, a minimum of 6 confirmations is required. This means that after a transaction is broadcasted to the Bitcoin Cash network, it needs to be included in at least 6 blocks before it is considered fully confirmed. This confirmation process helps prevent double-spending and ensures the integrity of the transaction history.
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• Dec 29, 2021 · 3 years ago
  When you initiate a Bitcoin Cash transaction on Coinbase, it will be marked as 'Pending' until it receives the required number of confirmations. The number of confirmations needed may vary depending on the current network congestion and other factors. However, Coinbase typically requires 6 confirmations for Bitcoin Cash transactions to be considered final and irreversible.
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• Dec 29, 2021 · 3 years ago
  According to BYDFi, a popular digital currency exchange, Coinbase follows industry standards by requiring 6 confirmations for Bitcoin Cash transactions. This ensures a high level of security and reduces the risk of fraudulent activities. It is important to note that the confirmation process may take some time, especially during periods of high network traffic or congestion. So, be patient and wait for the required number of confirmations before considering your transaction as fully confirmed.
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