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Announcing new confirmation requirements – The Coinbase Blog

by marcell.major
April 7, 2022
in Litecoin
0


Coinbase is reducing the number of confirmations required for several assets on the platform. We expect this change to both improve customer experience and security posture.

What’s changed

New confirmation requirements for Bitcoin, Litecoin, Ethereum, and Ethereum Classic pursuant to the table below:

Why we made these changes

Confirmation requirements for assets are based on many factors. These factors change over time just like the assets themselves. To ensure a great customer experience, Coinbase continually evolves our security posture and periodically amends confirmation requirements.

For Bitcoin, Ethereum, Litecoin, and Ethereum Classic, it has been determined that confirmation requirements can be reduced. In practice, this means that deposits will be confirmed on Coinbase faster than before while still meeting a high bar for asset security.



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