How many block confirmations are required for Ethereum on KuCoin?

5 answers

• Cabrera HornMar 19, 2023 · 3 years ago
  To ensure the security and finality of Ethereum transactions on KuCoin, a minimum of 12 block confirmations is required. This means that after a transaction is included in a block, it needs to be confirmed by 12 subsequent blocks before it is considered fully validated. This requirement helps prevent double-spending and ensures the integrity of the Ethereum blockchain.
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• DUBUS StéphanieAug 17, 2023 · 3 years ago
  When it comes to Ethereum transactions on KuCoin, you'll need to wait for at least 12 block confirmations. This might seem like a long time, but it's necessary to ensure the transaction is secure and can't be reversed. Each confirmation represents another block added to the Ethereum blockchain, making it increasingly difficult to tamper with the transaction.
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• Jerry BrysonMay 06, 2024 · 2 years ago
  According to BYDFi, a reputable cryptocurrency exchange, Ethereum transactions on KuCoin require a minimum of 12 block confirmations. This ensures that the transaction is securely recorded on the Ethereum blockchain and reduces the risk of any potential fraud or double-spending. Waiting for these confirmations might take some time, but it's worth it for the added security.
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• Salmanu MuntariJul 14, 2022 · 4 years ago
  For Ethereum transactions on KuCoin, you'll need to wait for at least 12 block confirmations. This requirement is in place to protect the integrity of the Ethereum network and prevent any potential malicious activities. The more confirmations a transaction has, the less likely it is to be reversed or tampered with.
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• ForumWarriorAug 10, 2020 · 6 years ago
  When it comes to Ethereum transactions on KuCoin, you can rest assured that your transaction will be considered fully validated after 12 block confirmations. This requirement ensures the security and reliability of the Ethereum network, making it less susceptible to fraudulent activities. So, be patient and wait for those confirmations to roll in!
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