Quote from: Boriss on Today at 05:59:11 AM

Quote from: logfiles on December 06, 2020, 05:32:02 PM

Quote from: passwordnow on December 06, 2020, 03:34:54 PM

I don't think that they'll love to see their coin being delisted to any exchange and getting the refund. That's all that they've got. I don't know much about how long those confirmations will take place for ETC. But they wouldn't set a lot of confirmations if it will bring trouble to their exchange.
It's for the sake of the safety of the deposit.

Ethereum Classic's average block confirmations time is approximately 15 seconds. Binance's required 500 confirmations which is about 2 hours is more than okay. I don't understand why an exchange would set to 595,000 confirmations. That's over 100 days of waiting for the deposit to appear in one's account Grin

Exactly, why even have coin listed there if you need to wait for 3 months after you make transaction, that's just absurd in every way, if they think that coin network is compromised they should just block deposits and wallet competently or just delisted coin from their system.

In a less time you can have package delivered from China with boat over the ocean then to have ETC available on Polo.

Then that's seriously like a hidden message that instead of transferring it to them, send it to other exchange.
You're right that instead of putting with that much of confirmations, they have to simply block deposits from ETC or just simply give an announcement that they're discouraging people to deposit the coin to them.