Required Number of Blockchain Confirmations
The required number of blockchain confirmations for deposits depends on the network you are depositing on.
Network | Confirmations Required | Estimated Time |
Ethereum (ERC20) | 12 | ~4 minutes |
Polygon | 120 | ~6 minutes |
BSC (BEP 20) | 30 | ~3 minutes |
Avalanche | 20 | ~2 minutes |
Arbitrum | 300 | ~3 minutes |
Optimism | 12 | ~4 minutes |
Bitcoin | 1 | ~12 minutes |