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How many confirmations does Kucoin mandate for validating cryptocurrency transfers?

avatarNajeeb UllahDec 25, 2021 · 3 years ago3 answers

Can you please provide more information on the number of confirmations required by Kucoin to validate cryptocurrency transfers?

How many confirmations does Kucoin mandate for validating cryptocurrency transfers?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    Kucoin requires 12 confirmations for validating cryptocurrency transfers. This is to ensure the security and integrity of the transactions. The higher number of confirmations provides a higher level of certainty that the transaction is valid and irreversible.
  • avatarDec 25, 2021 · 3 years ago
    To validate cryptocurrency transfers on Kucoin, you need to wait for 12 confirmations. This process may take some time depending on the network congestion and the specific cryptocurrency being transferred. It is important to be patient and wait for the required number of confirmations before considering the transfer as fully validated.
  • avatarDec 25, 2021 · 3 years ago
    When it comes to validating cryptocurrency transfers, Kucoin follows a strict policy of requiring 12 confirmations. This ensures that the transactions are secure and cannot be easily reversed. It may take some time for the required number of confirmations to be reached, but it's worth the wait to ensure the safety of your funds.