What Is a Confirmation in Crypto?
A confirmation is each new block added to a blockchain after the one that included a transaction, increasing its security.
Definition
A confirmation happens when a transaction is included in a block and additional blocks are built on top of it. Each new block on top adds another confirmation, making the transaction harder to reverse.
Networks and services often wait for a certain number of confirmations before treating a transaction as final. More confirmations generally mean greater certainty that the transaction will stand.
Confirmation times vary by network. Some networks confirm quickly, while others take longer, which affects how soon a transaction is considered settled.
Why it matters in a swap
Confirmations gate settlement in swaps and off-ramps. A flow may wait for enough confirmations on one network before the next step or the final payout proceeds.
Multiswap accounts for confirmation requirements so users understand that some waiting is normal and that it protects the integrity of the transfer.
Frequently asked questions
Why do I have to wait for confirmations?
Waiting for confirmations reduces the chance a transaction is reversed. More confirmations mean more certainty before the next step or payout proceeds.
Swap cross-chain from Telegram
Non-custodial, no account, and the net amount shown before you confirm. Cross-chain execution runs through Multiswap on Telegram.
Launch MultiswapDigital asset swaps carry market, liquidity, network, and protocol risk. On-screen figures, rates, and quotes are illustrative and do not constitute financial advice, a solicitation, or a guarantee of execution price or settlement. Use only funds you can afford to put at risk, and ensure cross-chain swapping is permitted in your jurisdiction.