What are blockchain confirmations?

By CardCashGo Editorial Team ·

Chain of blockchain blocks each marked with a confirmation check

A confirmation is a new block added on top of the block containing your transaction. More confirmations make a transaction harder to undo.

Why wait for confirmations

Very recent blocks can occasionally be replaced. Waiting for several confirmations reduces that risk.

CardCashGo's rule

Deposits become available after 3 confirmations. Until then you'll see progress such as “2 of 3 confirmations”.

Reorganizations

If a transaction drops out of the chain, the deposit is locked again until it has 3 confirmations.

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