Blockchain confirmations for irreversible transactions

To comply with the Markets in Crypto-Assets Regulation (MiCAR), we are providing the necessary information on the number of blockchain confirmations required for transactions to become irreversible. This information is essential for ensuring transparency and security for our users when making crypto deposits and withdrawals.

 

Why these confirmations matter

Blockchain confirmations are a measure of how many blocks have been added to the blockchain since a transaction was included in a block. Each additional block added on top of the block containing the transaction increases the security and finality of that transaction. The higher the number of confirmations, the more secure and irreversible the transaction becomes.

Below, you will find a detailed table outlining the confirmations needed for each supported network.

 

Confirmations needed for irreversible transactions

Network * Confirmations needed **
Alephzero 100
Algorand 1
Avalanche X 1
Bitcoin 6
Bitcoin Cash 15
BSC 40
Cardano 24
Cosmos 30
Dash 24
Dogecoin 6
Eosio 600
Ethereum 30
Flare 30
IOTA 1
Komodo 30
Litecoin 12
Lisk 20
NEM 30
NEO3 40
Ontology 40
Polkadot 30
Polygon 300
Ripple 10
Shimmer 1
Solana 40
Stellar 3
Tezos 30
Tron 60
Vechain 40
Waves 20
zCash 130

* Network: The blockchain network where the transaction is processed.

** Confirmations needed: The number of confirmations required for the transaction to be considered irreversible on that network.


Example: If you make a transaction on the Bitcoin network, it will be considered irreversible after 6 confirmations. This means that 6 additional blocks must be added to the Bitcoin blockchain after the block containing your transaction.