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How many confirmations does Coinbase require for a transaction to be completed?

SalimaOct 14, 2021 · 4 years ago3 answers

When using Coinbase, how many confirmations are needed for a transaction to be considered completed?

3 answers

  • IoannisOct 26, 2021 · 4 years ago
    Coinbase typically requires 3 confirmations for a transaction to be considered completed. Confirmations are the number of times a transaction has been verified by the network. This process helps ensure the security and integrity of the transaction.
  • Klavsen ChambersOct 08, 2023 · 2 years ago
    In most cases, Coinbase requires 3 confirmations before considering a transaction complete. This is to ensure that the transaction is valid and cannot be reversed. Confirmations are essentially the number of times the transaction has been included in a block in the blockchain.
  • Hosein AfsanApr 23, 2024 · a year ago
    When using Coinbase, it usually takes 3 confirmations for a transaction to be fully completed. This means that the transaction has been verified by the network multiple times, adding an extra layer of security. Keep in mind that the number of confirmations required may vary depending on the cryptocurrency and network congestion.

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