Blockchain Confirmation Delay
To ensure the highest level of transaction accuracy and security on our platform, we employ a practice known as Blockchain Confirmation Delay. This approach involves waiting for a certain number of additional blocks to be added to a blockchain before considering a transaction as confirmed. This delay is crucial to mitigate the risks associated with blockchain forks, ensuring the reliability of the transaction data.
Blockchain networks can occasionally experience forks, where the chain splits into two or more paths. A confirmation delay helps in ensuring that the transaction is recorded on the main chain, reducing the chances of reversal due to forks.
To ensure the highest level of transaction accuracy and security on our platform, we employ a practice known as Blockchain Confirmation Delay. This approach involves waiting for a certain number of additional blocks to be added to a blockchain before considering a transaction as confirmed. This delay is crucial to mitigate the risks associated with blockchain forks, ensuring the reliability of the transaction data.
Please note, this affects when your assets are updated on our platform, including:
- Listing
- Transfer
- Buy
- Withdraw
Blockchain Confirmation Delays for Different Chains:
- Ethereum (ETH): 2 block confirmations
- Polygon (MATIC): 50 block confirmations
- Binance Smart Chain (BSC): 15 block confirmations
Updated 7 months ago