What is the minimum number of confirmations required for an ETH deposit on KuCoin?
MoldDec 18, 2021 · 3 years ago3 answers
I would like to know the minimum number of confirmations needed for an Ethereum (ETH) deposit on KuCoin. Can you please provide me with this information?
3 answers
- Dec 18, 2021 · 3 years agoSure! The minimum number of confirmations required for an ETH deposit on KuCoin is 12. This means that after your transaction has been included in 12 blocks on the Ethereum blockchain, it will be considered confirmed and credited to your KuCoin account. Please note that the confirmation time may vary depending on network congestion and other factors.
- Dec 18, 2021 · 3 years agoHey there! To deposit ETH on KuCoin, you need to wait for at least 12 confirmations. This is to ensure the security and integrity of the transaction. Once your deposit has received 12 confirmations on the Ethereum blockchain, it will be credited to your KuCoin account. Keep in mind that the confirmation time can vary depending on network conditions.
- Dec 18, 2021 · 3 years agoThe minimum number of confirmations required for an ETH deposit on KuCoin is 12. This is a standard practice in the cryptocurrency industry to ensure the validity of transactions. Once your deposit has received 12 confirmations on the Ethereum blockchain, it will be processed and credited to your KuCoin account. If you have any further questions, feel free to ask!
Related Tags
Hot Questions
- 94
What are the advantages of using cryptocurrency for online transactions?
- 93
What are the best practices for reporting cryptocurrency on my taxes?
- 65
What is the future of blockchain technology?
- 52
How can I buy Bitcoin with a credit card?
- 45
What are the best digital currencies to invest in right now?
- 40
How can I minimize my tax liability when dealing with cryptocurrencies?
- 38
How does cryptocurrency affect my tax return?
- 10
How can I protect my digital assets from hackers?