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Confirmations (Crypto)

Cryptocurrency and Digital AssetsUpdated 13 Nov 2026

Crypto confirmations are covered in full in the entry Transaction Confirmations (TCs), which explains how they are counted, how many different services require and why. This page gives a short definition and explains the plural form.

The number of confirmations of a transaction is the number of blocks that have been added to the blockchain since, and including, the block that recorded it. A transaction in the latest block has one confirmation; after five more blocks it has six. Because each new block makes it harder for an attacker to rewrite history, exchanges, merchants and wallets wait for a set number of confirmations before treating a payment as final. The number depends on the network's block time and security and on the amount at stake: Bitcoin deposits are often credited after a few confirmations, while smaller proof-of-work chains may require hundreds. Networks with formal finality, such as Ethereum, also use finalized checkpoints, described under probabilistic finality.

"Confirmations" in the plural usually refers to this count, while a single confirmation describes the event of a transaction being included in a block.

Last updated 13 Nov 2026