How many confirmations does Kucoin require for cryptocurrency deposits?
ps4 accountDec 26, 2021 · 3 years ago3 answers
What is the minimum number of confirmations that Kucoin requires for cryptocurrency deposits?
3 answers
- Dec 26, 2021 · 3 years agoKucoin requires a minimum of 12 confirmations for cryptocurrency deposits. This ensures that the transaction is secure and irreversible. It may take some time for the required number of confirmations to be reached, depending on the cryptocurrency network's block time and congestion. Once the required number of confirmations is reached, the deposit will be credited to your Kucoin account.
- Dec 26, 2021 · 3 years agoTo ensure the security of cryptocurrency deposits, Kucoin requires a minimum of 12 confirmations. This helps prevent double-spending and ensures that the transaction is valid. The number of confirmations required may vary depending on the cryptocurrency and network conditions. It's important to note that the confirmation process can take some time, especially during periods of high network congestion.
- Dec 26, 2021 · 3 years agoWhen it comes to cryptocurrency deposits on Kucoin, the exchange requires a minimum of 12 confirmations. This is to ensure the integrity and security of the transaction. The number of confirmations required may vary depending on the cryptocurrency being deposited. It's always a good idea to check the Kucoin website or contact their support for the most up-to-date information on confirmation requirements.
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