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Most Exchanges Require
Most exchanges require 3 confirmations for deposits. Enough for large payments between $10,000 - $1,000,000. Six is standard for most transactions to be considered secure.
In Bitcoin, after 6 confirmations, the likelihood of a transaction being reversed is almost zero. On faster blockchains like Solana or Binance Smart Chain, even 1-2
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In This Article
In this article, we will explore what Bitcoin confirmations are, how many confirmations are required for different situations, and why the number of confirmations
Bitcoin Confirmations - All you need to know about
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