I want to make a trade, I sent btc to my account on an exchange, and it got 1 confirmation but then nothing, so its still pending.
I've been waiting more than an hour. Why does it take so long to confirm payments in the chain?
I've been waiting more than an hour. Why does it take so long to confirm payments in the chain?
Generally speaking most exchanges require at least 6 confirmations before the BTC will be available.
some require only 3. i trade on bitfinex, and when i deposited coins from cold storage, i remember them being available after 3 confirmations. it's possible i'm remembering wrong though.... cryptsy can take like 20 confirmations because their system/db is so slow.
