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Coinbase is lowering the variety of confirmations required for a number of property on the platform. We count on this variation 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 modifications
Affirmation necessities for property are based mostly on many components. These components change over time identical to the property themselves. To make sure an ideal buyer expertise, Coinbase regularly evolves our safety posture and periodically amends affirmation necessities.
For Bitcoin, Ethereum, Litecoin, and Ethereum Traditional, it has been decided that affirmation necessities might be lowered. In apply, which means deposits shall be confirmed on Coinbase quicker than earlier than whereas nonetheless assembly a excessive bar for asset safety.
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