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Coinbase is lowering the variety of confirmations required for a number of belongings on the platform. We anticipate this variation to each enhance buyer expertise and safety posture.
What’s modified
New affirmation necessities for Bitcoin, Litecoin, Ethereum, and Ethereum Traditional pursuant to the desk under:
Why we made these modifications
Affirmation necessities for belongings are primarily based on many elements. These elements change over time identical to the belongings themselves. To make sure an important buyer expertise, Coinbase frequently evolves our safety posture and periodically amends affirmation necessities.
For Bitcoin, Ethereum, Litecoin, and Ethereum Traditional, it has been decided that affirmation necessities could be lowered. In follow, which means that deposits will likely be confirmed on Coinbase sooner than earlier than whereas nonetheless assembly a excessive bar for asset safety.
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