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