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Glossary / Confirmation

Confirmation

A confirmation is each new block added after your transaction. More confirmations mean the transaction is harder to reverse.

Why it matters

Exchanges wait for a set number of confirmations before crediting a deposit.

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Related terms

BlockA block is a batch of transactions added to the blockchain together. Bitcoin adds one abou…MempoolThe mempool is the waiting room of unconfirmed transactions before they are added to a blo…

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Written by the VaultX AI team. Educational only, not investment advice.

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