Binance eth confirmations

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We wanted to let you do to speed this process up as we do not you can either transfer the. You can see the number.

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The cryptocurrency being deposited: Some cryptocurrencies, such as Bitcoin, have a faster confirmation time than others, such as Ethereum. ETH and ERC tokens deposits will require 12 Ethereum block confirmations before being credited to user accounts. For ethereum (ETH) and related ERC tokens, Binance said 12 block confirmations are now required for deposits and withdrawals � that's down.

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More controversially, the firm has barred all users from the U. For example, if you use the Ethereum ERC20 network for your transaction, you will be redirected to Etherscan. Generally, ETH confirmations depend on the crypto exchange you are using. Overall, the confirmation time for Ethereum and other cryptocurrencies is influenced by the chosen exchange, the transaction fee gas , and the current network load. The number of confirmations for a transaction can vary depending on the crypto exchange used, with different exchanges requiring different numbers of confirmations.