Number of network confirmations
After sending funds, the transaction is transmitted to the network for processing and inclusion in a block. Adding a transaction to a block is called a confirmation of the transaction. When a certain number of confirmations are reached, the transaction becomes successful, and the funds are credited to the balance.What time is required for successful blockchain network confirmation?Several factors affect the speed of transaction confirmation, including network congestion, transaction fee size, and internet connection speed. On average, confirmation time ranges from 30 minutes to several hours, although it can take longer if the network is congested.A required number of conformations depending on the currencyThe number of confirmations required for successful funds crediting to the balance can vary depending on the receiving platform and currency, as well as its security standards.Some cryptocurrencies, such as Bitcoin, use a "proof of work" mechanism that requires computational power to create a new block and confirm transactions. This process can take from several minutes to several hours.
| Ticker | Confirmations |
|---|---|
| XRP, XLM, USDC (XLM), AVAX (XCHAIN), SUI | 1 |
| BTC | 2 |
| USDT (OMNI), NEAR | 3 |
| BCH, DASH, XEM, NEO, LTC | 10 |
| USDT (ARBITRUM) | 12 |
| DOGE | 15 |
| USDT (TRC20), TRX, BTT, WBT (TRON), TONCOIN, WBT (TRC20) | 20 |
| ZEC | 22 |
| ZEN | 25 |
| USDT (AVALANCHE C-CHAIN) | 30 |
| CRV (ERC20), 1INCH (ERC20), AAVE, APE, BAT, ETH, EURT, FLOKI (ERC20), FET (ERC20), LINA, LINK, MANA, MATIC (ERC20), MKR, OMG, SHIB, SUSHI (ERC20), XAUT (ERC20), EURT (ERC20), TENET (ERC20), TUSD (ERC20), UNI, USDC (ERC20), USDT (ERC20), WBT (ERC20), WOJAK (ERC20), YFI, ZRX, PAX DOLLAR (ERC20), PEPE (ERC20), XMR | 32 |
| PIVX, HLO, XTZ | 35 |
| CAKE (BEP20), USDT (BEP20), SUSHI (BEP20), ADA, ETH (BEP20), AVALANCHE (BEP20), BASIC ATTENTION TOKEN (BEP20), BITCOIN CASH (BEP20), CARDANO (BEP20), COSMOS (BEP20), DECENTRALAND (BEP20), DOGECOIN (BEP20), EOS (BEP20), ETHEREUM CLASSIC (BEP20), LITECOIN (BEP20), NEAR PROTOCOL (BEP20), POLKADOT (BEP20), POLYGON (BEP20), RIPPLE (BEP20), SHIBA INU (BEP20), SOLANA (BEP20), TRON (BEP20), UNISWAP (BEP20), VECHAIN (BEP20), BINANCE COIN (BEP2), BINANCE COIN (BEP20), BITCOIN (BEP20), BUSD (BEP20), BUSD (ERC20), CHAINLINK (BEP20), DAI (BEP20), TETHER (BEP20), TRUEUSD (BEP20), USD COIN (BEP20) | 40 |
| DOT, KSM, AR | 50 |
| QTUM | 60 |
| WBT | 65 |
| ATOM | 70 |
| WAVES, ONT | 90 |
| RVN | 100 |
| USDT (OPTIMISM) | 150 |
| VET | 210 |
| ETC | 300 |
| LUNA, UST | 315 |
| EOS | 330 |
| ALGO, IOTX | 400 |
| SOL, MATIC (POLYGON), USD COIN (SOL), USDT (SOL), TETHER (POLYGON) | 500 |
| ETH (ARBITRUM), ARB | 600 |
| ICX | 870 |
| AVAX | 970 |
| FTM | 1000 |
| OP, ETH (OPTIMISM) | 1400 |
| ETHW | 2000 |
| APT | 5000 |