Post
Topic
Board Trading Discussion
Re: Buy btc with cash
by
VanDeinsberg12
on 22/05/2019, 13:50:06 UTC
It really depends on the amount you're trading, If it's a small amount then sure otherwise, waiting for more confirmation is suggested. Read these posts for a better understanding[1][2][3].

[1] https://bitcointalk.org/index.php?topic=2038365.0
[2] https://www.reddit.com/r/Bitcoin/comments/7j2gp2/whats_the_difference_between_1_confirmation_and_6/
[3] https://www.reddit.com/r/btc/comments/7zsas0/is_one_confirmation_good_enough/

Thanx 3 confirmation enough?
That's enough, a lot of exchange sites are putting 2 - 3 confirmations as the standard to confirm that as a secure transaction. But i often waiting for at least 6 or 7 confirmations from the block to make sure if my transaction was already secured.