What is “Network Confirmation”?

After funds are sent, the transaction is broadcasted to the network for processing and inclusion in a block. The process of adding a transaction to the block structure is called transaction confirmation. Each new block added to the blockchain is considered one confirmation. Once your transaction reaches the required number of confirmations, the cryptocurrency becomes available for further use.

Here are some factors that can affect the speed of transaction confirmation:

  • Network congestion
  • Transaction fee size
  • Internet connection speed and others

Please note that the number of confirmations required for funds to be credited is determined by each platform individually and may vary for each currency according to their own security standards.

The average confirmation time ranges from 30 minutes to several hours but can take several days if the network is congested.

Ticker Confirmation
XRP, XLM, USDC (XLM), AVAX (XCHAIN), SUI 1
BTC 2
USDT (OMNI), NEAR 3
XMR, BCH, DASH, XEM, NEO, LTC 10
DOGE 15
USDT (TRC20), TRX, BTT, WBT (TRON), TONCOIN, WBT (TRC20) 20
ZEN 25
1INCH, AAVE, APE, BAT, ETH, EURT, LINA, LINK, MANA, MATIC (ERC20), MKR, OMG, SHIB, SUSHI (ERC20), TUSD (ERC20), UNI, USDC (ERC20), USDT (ERC20), WBT (ERC20), YFI, ZRX, PAX DOLLAR (ERC20), PEPE (ERC20), FET (ERC20) 32
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
PIVX, HLO, XTZ 35
DOT, KSM, AR 50
QTUM 60
WBT 65
ATOM 70
WAVES, ONT 90
RVN, ZEC 100
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), ARBITRUM ARB 600
ICX 870
AVAX 970
FANTOM 1000
OPTIMISM OP, ETH (OPTIMISM) 1400
ETHW 2000
APTOS APT 5000