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Binance Reduces the Number of Confirmations Required for Deposits & Withdrawals on BTC and ETH Networks

2019-07-09 08:38

Fellow Binancians,

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.

Thanks for your support!

Binance Team

2019/07/09

 

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