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What are the 3 network confirmations for depositing to bitstamp

What are the 3 network confirmations for depositing to bitstamp

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What are confirmations? When a transaction is broadcasted to the network, it has to wait to be included in a block by the miners. Once a transaction has been. At Bitstamp, 12 confirmations are required, which take about 3 minutes, given that the average block time revolves around 15 seconds. Most cryptocurrency exchanges require between 1 and 3 confirmations for Bitcoin transactions. When we're talking about �confirmations� in.

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The address where you need to send the money will show up on the next screen. How To Buy Zap? How To Buy Part? The amount of Bitcoin confirmations required by an exchange can sometimes vary according to the size of the transactions � for example, an exchange might only require 2 confirmations for smaller transactions, while 6 confirmations might be necessary for large transactions.