How many confirmations are required to transfer Bitcoin on Binance?

10 answers

• Gentry WongSep 14, 2021 · 4 years ago
  To transfer Bitcoin on Binance, you need a minimum of 2 confirmations. Confirmations are the number of times a transaction has been verified by the Bitcoin network. Each confirmation adds another layer of security and reduces the risk of a double-spending attack. Binance requires at least 2 confirmations to ensure the transaction is valid and irreversible.
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• Anhadh MeshriMar 29, 2022 · 4 years ago
  When transferring Bitcoin on Binance, you'll need to wait for at least 2 confirmations. Confirmations are like the green light for your transaction to go through. It means that the Bitcoin network has verified and approved your transaction. Once you have 2 confirmations, your transfer is considered secure and cannot be reversed.
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• Cash HejlesenSep 03, 2024 · a year ago
  When it comes to transferring Bitcoin on Binance, you'll need to wait for 2 confirmations. This means that your transaction needs to be verified twice by the Bitcoin network before it is considered valid. Once you have 2 confirmations, you can rest assured that your transfer is complete and irreversible. Remember, it's always important to wait for confirmations to ensure the safety of your funds.
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• Harsh BharoliyaMar 10, 2025 · 7 months ago
  When transferring Bitcoin on Binance, you need to wait for 2 confirmations. This is to ensure the security and integrity of the transaction. Confirmations are important because they provide proof that the transaction has been verified by the Bitcoin network. Once you have 2 confirmations, you can be confident that your transfer is successful and cannot be reversed.
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• Hjelm RosarioJan 06, 2024 · 2 years ago
  To transfer Bitcoin on Binance, you'll need to wait for 2 confirmations. This is a standard requirement to ensure the transaction is secure and valid. Confirmations are necessary because they provide evidence that the transaction has been approved by the Bitcoin network. Once you have 2 confirmations, your transfer is considered complete and cannot be undone.
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• MAN. netSep 02, 2023 · 2 years ago
  When transferring Bitcoin on Binance, you need to wait for 2 confirmations. This is to ensure the transaction is legitimate and cannot be reversed. Confirmations are like the seal of approval from the Bitcoin network. Once you have 2 confirmations, your transfer is considered final and cannot be tampered with.
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• ahmed moumenJul 01, 2023 · 2 years ago
  To transfer Bitcoin on Binance, you need to wait for 2 confirmations. This is a security measure to prevent any fraudulent activity. Confirmations are important because they validate the transaction and ensure its authenticity. Once you have 2 confirmations, your transfer is considered successful and cannot be reversed.
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• Andreas MeliniApr 03, 2022 · 3 years ago
  When transferring Bitcoin on Binance, you'll need to wait for 2 confirmations. This is to ensure the transaction is valid and secure. Confirmations act as a verification process by the Bitcoin network. Once you have 2 confirmations, your transfer is complete and cannot be reversed.
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• matt-singletonJul 24, 2023 · 2 years ago
  When transferring Bitcoin on Binance, you need to wait for 2 confirmations. This is to ensure the transaction is verified and cannot be reversed. Confirmations provide a level of trust and security in the Bitcoin network. Once you have 2 confirmations, your transfer is considered final and cannot be altered.
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• duandeyuApr 19, 2021 · 4 years ago
  When transferring Bitcoin on Binance, you'll need to wait for 2 confirmations. This is to ensure the transaction is confirmed and cannot be reversed. Confirmations are like the checkpoints that validate the transaction on the Bitcoin network. Once you have 2 confirmations, your transfer is considered successful and cannot be undone.
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