How many confirmations does Coinbase typically wait for before considering a cryptocurrency transaction as confirmed?
Mukesh K BSep 25, 2025 · 3 months ago3 answers
What is the typical number of confirmations that Coinbase waits for before considering a cryptocurrency transaction as confirmed?
3 answers
- Danielle LynnJun 11, 2025 · 6 months agoCoinbase typically waits for 6 confirmations before considering a cryptocurrency transaction as confirmed. This is to ensure the transaction is secure and irreversible. It may take some time for these confirmations to be generated, depending on the network congestion and the specific cryptocurrency being used.
- Anil kumarJun 24, 2021 · 4 years agoWhen it comes to confirming cryptocurrency transactions, Coinbase plays it safe by waiting for 6 confirmations. This is a standard practice in the industry to ensure the transaction is valid and cannot be reversed. The number of confirmations required may vary for different cryptocurrencies, but Coinbase sticks to 6 as a general rule.
- Luftwaffles2May 14, 2021 · 5 years agoTypically, Coinbase waits for 6 confirmations before considering a cryptocurrency transaction as confirmed. This is in line with industry standards and helps ensure the transaction is secure and cannot be tampered with. However, it's worth noting that different cryptocurrencies may have different confirmation requirements, so it's always a good idea to check the specific requirements for the cryptocurrency you're dealing with.
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