How many confirmations are needed for Ethereum deposits on Binance?
Pollock TonnesenDec 26, 2021 · 3 years ago8 answers
When depositing Ethereum on Binance, how many confirmations are required before the deposit is considered valid and credited to the account?
8 answers
- Dec 26, 2021 · 3 years agoTypically, Binance requires 12 confirmations for Ethereum deposits. This means that the Ethereum transaction needs to be confirmed by the Ethereum network 12 times before it is considered valid and credited to your Binance account. The number of confirmations required may vary depending on network congestion and other factors, but 12 confirmations is the standard requirement.
- Dec 26, 2021 · 3 years agoYou'll need to wait for 12 confirmations on the Ethereum network before your deposit is credited on Binance. It's a security measure to ensure that the transaction is legitimate and cannot be reversed. Once the required number of confirmations is reached, your Ethereum deposit will be reflected in your Binance account balance.
- Dec 26, 2021 · 3 years agoWhen depositing Ethereum on Binance, you'll need to wait for 12 confirmations on the Ethereum network. This is to ensure the security and integrity of the transaction. Once the required number of confirmations is reached, your Ethereum deposit will be processed and credited to your Binance account. Please note that the confirmation process may take some time depending on network congestion.
- Dec 26, 2021 · 3 years agoFor Ethereum deposits on Binance, you'll need to wait for 12 confirmations on the Ethereum network. This is a standard requirement to ensure the validity and security of the transaction. Once the required number of confirmations is reached, your Ethereum deposit will be successfully credited to your Binance account.
- Dec 26, 2021 · 3 years agoWhen depositing Ethereum on Binance, you'll need to wait for 12 confirmations on the Ethereum network. This is to ensure the transaction is secure and cannot be reversed. Once the required number of confirmations is reached, your Ethereum deposit will be processed and added to your Binance account balance.
- Dec 26, 2021 · 3 years agoWhen depositing Ethereum on Binance, you'll need to wait for 12 confirmations on the Ethereum network. This is a standard security measure to prevent fraudulent transactions. Once the required number of confirmations is reached, your Ethereum deposit will be credited to your Binance account.
- Dec 26, 2021 · 3 years agoWhen depositing Ethereum on Binance, the required number of confirmations is 12. This is to ensure the transaction is secure and cannot be tampered with. Once the necessary confirmations are obtained, your Ethereum deposit will be credited to your Binance account.
- Dec 26, 2021 · 3 years agoBYDFi, a popular decentralized finance platform, requires 12 confirmations for Ethereum deposits on Binance. This is to ensure the security and integrity of the transaction. Once the required number of confirmations is reached, your Ethereum deposit will be successfully credited to your Binance account.
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