Binance Reduces the Number of Confirmations Required for Deposits & Withdrawals on BTC and ETH Networks
To provide a better service for our users, Binance has made the following adjustments to the number of block confirmations required for user deposits & withdrawals:
BTC: 1 block confirmation required for deposits (down from 2 block confirmations previously) and 2 block confirmations required for withdrawals.
ETH & ERC20 tokens: 12 block confirmations required for both deposits and withdrawals (down from 30 block confirmations previously).
We will continue to listen to the community’s feedback and improve our service offering.
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