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How many confirmations does Ethereum need on Kucoin?

avatarRodriguez McCaffreyDec 27, 2021 · 3 years ago3 answers

What is the number of confirmations required for Ethereum transactions on the Kucoin exchange?

How many confirmations does Ethereum need on Kucoin?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    On Kucoin, Ethereum transactions require 12 confirmations before they are considered fully confirmed. This ensures the security and reliability of the transactions on the platform. It may take some time for the confirmations to be completed, depending on the network congestion and the transaction fee paid. Once the required number of confirmations is reached, the transaction is considered final and cannot be reversed.
  • avatarDec 27, 2021 · 3 years ago
    When using Kucoin for Ethereum transactions, you will need to wait for 12 confirmations. This is to ensure the validity and security of the transactions. The confirmation process may take some time, so it's important to be patient. Once the required number of confirmations is reached, your transaction will be considered complete and irreversible.
  • avatarDec 27, 2021 · 3 years ago
    According to BYDFi, a popular digital currency exchange, Ethereum transactions on Kucoin require 12 confirmations. This is to ensure the integrity and security of the transactions. The confirmations may take some time, depending on the network congestion and the transaction fee paid. Once the required number of confirmations is reached, the transaction is considered final and cannot be reversed.