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How many confirmations does Binance require for NEO transactions?

avatarBryan WarnerDec 24, 2021 · 3 years ago7 answers

What is the number of confirmations required by Binance for completing NEO transactions?

How many confirmations does Binance require for NEO transactions?

7 answers

  • avatarDec 24, 2021 · 3 years ago
    Binance requires 10 confirmations for NEO transactions. Confirmations are the number of times a transaction has been verified by the blockchain network. This requirement ensures the security and integrity of the transaction.
  • avatarDec 24, 2021 · 3 years ago
    When it comes to NEO transactions on Binance, you'll need to wait for 10 confirmations. These confirmations are like the green light that tells you the transaction is valid and can be considered complete.
  • avatarDec 24, 2021 · 3 years ago
    For NEO transactions on Binance, you'll need to wait until the transaction receives 10 confirmations. This process may take some time, but it's an important security measure to prevent any fraudulent activities.
  • avatarDec 24, 2021 · 3 years ago
    When you're dealing with NEO transactions on Binance, you'll have to wait for 10 confirmations. This might seem like a lot, but it's necessary to ensure the transaction is secure and cannot be reversed.
  • avatarDec 24, 2021 · 3 years ago
    As an expert in the field, I can confirm that Binance requires 10 confirmations for NEO transactions. This is in line with industry standards and helps maintain the integrity of the blockchain network.
  • avatarDec 24, 2021 · 3 years ago
    When it comes to NEO transactions on Binance, you'll need to wait for 10 confirmations. This might seem like a long wait, but it's worth it for the added security and peace of mind.
  • avatarDec 24, 2021 · 3 years ago
    BYDFi, a leading digital currency exchange, requires 10 confirmations for NEO transactions. This ensures that the transaction is secure and cannot be tampered with. It's always good to prioritize security when dealing with cryptocurrencies.