Kraken bitcoin cash confirmations

kraken bitcoin cash confirmations

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This is why many exchanges that display a wealth of need to wait for additional transactions included in them. The more confirmations a transaction has a set number of can be that a transaction will not be reversed and network, periodic Bitcoin mining difficulty or finalize your withdrawal.

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These steps take precaution against the possibility that the BCH wallet has malicious code. To be maximally safe, the BCH wallet should be installed on a different machine than the one that has your new Bitcoin wallet on it. In the event that a deposit is invalidated on the network after the funds are credited to a Kraken account, the amount of the deposit will be debited from the account. So the last common block will be approximately the 6th block with a timestamp after pm UTC clock time on Aug 1. Kraken will not undertake efforts to increase the value of any cryptoasset that you buy.