How many confirmations are required for a Bitcoin transaction?

3 answers

• May 10, 2022 · 3 years ago
  In order for a Bitcoin transaction to be considered secure, it is generally recommended to wait for at least 6 confirmations. Each confirmation represents a new block added to the Bitcoin blockchain, and the more confirmations a transaction has, the less likely it is to be reversed or double-spent. Waiting for 6 confirmations ensures a high level of security for most transactions.
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• May 10, 2022 · 3 years ago
  You should wait for at least 6 confirmations for a Bitcoin transaction. This is because each confirmation adds another layer of security to the transaction. The more confirmations, the less likely it is for the transaction to be reversed or invalidated. While some merchants may accept transactions with fewer confirmations, waiting for 6 confirmations is generally considered the safest practice.
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• May 10, 2022 · 3 years ago
  For a Bitcoin transaction to be considered secure, it is recommended to wait for at least 6 confirmations. This is because each confirmation adds another level of trust and reduces the risk of the transaction being reversed. Waiting for 6 confirmations ensures a high level of confidence in the transaction's validity and reduces the chances of any potential fraud or double-spending.
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