What does “confirmations” mean and how many are needed?
When you deposit or transfer cryptocurrency, your transaction needs to be verified on the blockchain before it becomes fully available in your crypto trading account on Raseed Invest. This verification process is called “blockchain confirmations.” A confirmation is a signal that the blockchain network has accepted your transaction and securely added it to its public ledger.
What is a “confirmation” in crypto?
A confirmation happens when:
- •Your transaction is included in a new block on the blockchain, and
- •Additional blocks are added after it.
Each new block added after your transaction increases the number of confirmations. More confirmations mean higher security. The more confirmations a crypto transaction receives, the harder it becomes to reverse or manipulate, which is essential for secure crypto deposits and withdrawals.
Why do confirmations matter?
Confirmations are a critical part of crypto transaction security. They help protect users and platforms from:
- •Fake or unverified deposits
- •Double-spending attempts
- •Blockchain reorganizations (rare but possible)
- •High-risk or unstable network activity
This is why your crypto may appear in your Raseed account balance but still show as:
- •Pending
- •Processing
- •Not Withdrawable
until the required blockchain confirmation requirement is fully completed.
How many confirmations are required?
The required number of confirmations depends on the cryptocurrency network and asset, as each blockchain operates differently in terms of speed and security.
Typical confirmation ranges include:
Bitcoin (BTC)
- •Usually 2–6 confirmations
- •Each block takes around 10 minutes on average
Ethereum (ETH) & ERC-20 tokens (e.g., USDT ERC-20)
- •Usually 12–30 confirmations
- •Faster block times, but additional confirmations improve network stability
Tron (TRC-20 tokens like USDT TRC-20)
- •Usually 10–20 confirmations
- •Typically faster than BTC and ETH
Other networks (such as BSC, Polygon, Solana)
- •Confirmation requirements may vary based on network conditions, risk controls, and system security policies
Note: The exact confirmation requirement can change depending on:
- •Blockchain network congestion
- •Platform security policies
- •System upgrades or maintenance
- •Internal risk and compliance checks
How long do confirmations take?
The time needed for confirmations depends on:
- •Blockchain traffic and congestion
- •Transaction fee (gas fee) used
- •Network speed
In general:
- •TRON / BSC / Polygon: a few minutes
- •Ethereum: minutes to longer during congestion
- •Bitcoin: 10–60+ minutes depending on confirmations required
These timelines are common across most crypto trading platforms, not just Raseed.
Where can I check confirmations?
You can track your crypto transaction status using the transaction hash (TXID) on a blockchain explorer, such as:
- •Bitcoin: Blockchain.com
- •Ethereum: Etherscan
- •TRON: Tronscan
Once your transaction reaches the required number of confirmations, your crypto deposit on Raseed will typically be completed and become withdrawable.
What if confirmations are taking too long?
If confirmations are delayed, it usually means:
- •The blockchain network is congested
- •The transaction fee was set too low
- •The network is experiencing a temporary slowdown
If your transaction is confirmed on the blockchain but is still not reflected correctly in your Raseed crypto wallet, contact Raseed Support and include:
- •The crypto asset
- •Amount sent
- •Network used
- •TXID (transaction hash)