Coinbase is decreasing the variety of confirmations required for a number of belongings on the platform. We count on this alteration to each enhance buyer expertise and safety posture.
What’s modified
New affirmation necessities for Bitcoin, Litecoin, Ethereum, and Ethereum Classic pursuant to the desk beneath:
Why we made these adjustments
Affirmation necessities for belongings are based mostly on many elements. These elements change over time similar to the belongings themselves. To make sure a terrific buyer expertise, Coinbase regularly evolves our safety posture and periodically amends affirmation necessities.
For Bitcoin, Ethereum, Litecoin, and Ethereum Basic, it has been decided that affirmation necessities may 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.
