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Binance deposit time eth over 30 confirmations

Binance deposit time eth over 30 confirmations

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How To Make Money With Binance in 2024 (Beginners Guide)
top.bitcoinmotion.shop � binance � comments � how_long_does_it_take_to_send. Bitvavo credits Bitcoin deposits to an account after 3 confirmations, which takes around 30 minutes. Execution times can vary based on the conditions of the. So, each confirmation takes roughly 10 minutes. If you're depositing Bitcoin to an exchange that requires 3 confirmations for BTC deposits, you.

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Disclosure Please note that our privacy policy , terms of use , cookies , and do not sell my personal information has been updated. The more confirmations a transaction has, the more certain we can be that a transaction will not be reversed and that it will be permanently recorded on the Bitcoin blockchain. This is especially true for the parties that are receiving cryptocurrency payments, such as merchants and online service providers. While this is annoying, exchanges and other businesses accepting crypto need to wait for additional confirmations to protect themselves against the possibility of a double-spend attack. The amount of Bitcoin confirmations required by an exchange can sometimes vary according to the size of the transactions � for example, an exchange might only require 2 confirmations for smaller transactions, while 6 confirmations might be necessary for large transactions.