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What is Block Confirmation?
Updated over a week ago

Block confirmation is the act of a block miner to package your transaction data into a data block. It is a necessary step for your transaction (deposit or withdrawal) to be added to the blockchain, which means that a transaction will not be considered successful until the block confirmation reaches a certain number.

As different cryptos are based on different blockchain network, the minimum number of block confirmations required for deposit and withdrawal may vary. Please see the BIT's requirements for minimum block confirmations in the table below.

Note: The following information is for reference only, the number of block confirmation is subject to the latest changes.

Coin

Full name

Network

Deposit block confirmation

Withdrawal block confirmation

Blockchain explorer

AAVE

Aave Token

ERC20

12

64

BCH

Bitcoin Cash

BCH

1

6

BTC

Bitcoin

BTC

1

2

COMP

Compound

ERC20

12

64

DAI

DAI

ERC20

12

64

DASH

DASH

DASH

1

6

DOGE

Dogecoin

Dogecoin

6

50

DOT

Polkadot

Polkadot

32

32

ETC

Ethereum Classic

Ethereum Classic

12

70

ETH

Ethereum

ERC20

12

64

LINK

ChainLink

ERC20

12

64

LTC

Litecoin

LTC

1

6

MKR

Maker

ERC20

12

12

OKB

OKB

ERC20

12

64

SUSHI

Sushi Token

ERC20

12

64

UNI

Uniswap

ERC20

12

64

USDC

USD Coin

ERC20

12

64

USDT

USD Tether

ERC20

12

64

USDT

USD Tether

TRC20

1

1

XRP

Ripple

XRP

10

10

ZEC

Zcash

Zcash

1

1200

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