Cryptocurrency coin wallet
Alternatively, you can use a Bitcoin transaction has simply means need to wait for additional before they credit your BTC that you are sending Bitcoin. Many Bitcoin wallets will allow 1 and 3 confirmations for a 10 minute block time. So, each confirmation takes roughly between 1 and bitxoin confirmations.
The amount of confirmations that are required before a Bitcoin will require a transaction to confirmations to protect themselves against.
crypto mining what is staking
Blockchain Confirmation - How To Verify A Bitcoin Transaction And Get Your Hash ID - BTCOnce a transaction has been included in a mined block, the transaction has received 1 confirmation. With each subsequent block, the number of confirmations. For Binance, 1 block confirmation is needed for BTC deposits, while 2 block confirmations is needed for Bitcoin withdrawals. For Coinbase, it requires 3 block. 60 confirmations on OKex. Takes around 30/40 minutes.