Just withdrew LTC from Bittrex into my Electrum wallet. I have a check mark and when I hover over it with the mouse, i see 23 confirmations.
Am I good?
Sorry if this is a dumb question. Just want to be sure so I can log out.
The default amount of confirmations needed should be 6 confirmations i think. How many electrum needs before it allows you to spend the funds as confirmed, i'm not sure. It definitely could be 6*4 = 24 though since that would be the same amount of time as the bitcoin 6 confirmations.
It shouldn't bother you since after the first confirmation you'll be getting a confirmation every time a block gets mined. So you can close your electrum with a peace of mind.
Plus i'm pretty sure that you can enable spending of unconfirmed funds if you are really urgent in electrum.