Cryptocurrency transfers are being confirmed by miners and each blockchain has different confirmation rules. Each transaction needs to be confirmed by miners to become spendable.
BtcTurk credits cryptocurrency deposits after;
|
Cryptocurrency |
Number of Confirmation Needed/Required |
Avg. Minutes |
|
Bitcoin BTC |
1 |
10 |
| Liquid Bitcoin |
2 |
Immediatly |
|
Ethereum (ETH) |
12 |
10 |
|
Litecoin (LTC) |
2 |
5 |
|
Dash (Dash) |
1 |
1 |
|
Tether (USDT) |
1 |
1 |
| Liquid Tether (LUSDT) |
12 |
10 |
| TRC20 Tether (USDT) |
5 blocks must be created after the block that your transaction is confirmed |
10 |
|
NEO (NEO) |
10 |
Immediately |
|
Stellar (XLM) |
12 |
10 |
|
Tezos (XTZ) |
15 |
10 |
|
Tron (TRX) |
30 |
Immediately |
|
Cosmos (ATOM) |
to be marked irreversible on the blockchain |
1 |
|
Polkadot (DOT) |
1 | 1 |
|
Chainlink (LINK) |
12 | 10 |
|
Ripple (XRP) |
1 | 1 |
|
Cardano (ADA) |
15 | 12 |
|
USDC (USD COIN) |
12 | 10 |
|
EOS (EOS) |
to be marked irreversible on the blockchain | 1 |
(*) Deposit amounts 4 BTC and above require 2 confirmations.
Confirmation procedures differs on each blockchain and confirmations may delay according to the network traffic. There is no initiative or intervention by BtcTurk in transfer confirmations.
KB-401301101_EN