RevBit team
July 23, 2024
~1 min read
What does confirmation from the BTC network mean?
When Bitcoin is received, new owners cannot use the coins immediately – the transaction is first sent to the network for inclusion in the blockchain. This process, called confirmation, guarantees its authenticity and protects it from being double-spent. Each confirmation means the transaction is included in a new block, and is considered to be finally confirmed when it reaches 6 confirmations.
Our service requires a minimum of 2 BTC network confirmations before a request can be processed.