What is the number of confirmations needed for Ethereum transactions on Coinbase?

3 answers

• Dec 17, 2021 · 3 years ago
  When it comes to Ethereum transactions on Coinbase, the number of confirmations required depends on the specific transaction. Generally, Coinbase requires at least 12 confirmations for Ethereum transactions to be considered final and irreversible. This ensures the security and integrity of the transaction on the Ethereum blockchain.
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• Dec 17, 2021 · 3 years ago
  The number of confirmations needed for Ethereum transactions on Coinbase varies depending on the transaction and network congestion. However, as a general rule, Coinbase requires a minimum of 12 confirmations for Ethereum transactions to be considered valid. This ensures that the transaction has been verified by a sufficient number of nodes on the Ethereum network.
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• Dec 17, 2021 · 3 years ago
  For Ethereum transactions on Coinbase, it is recommended to wait for at least 12 confirmations before considering the transaction as fully confirmed. This is to ensure the transaction's security and protect against potential double-spending attacks. Remember, patience is key when it comes to cryptocurrency transactions!
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