MavuntaMavunta

How network confirmations work

Why deposits and withdrawals take a few minutes to settle.

When you send crypto, the network must record it in blocks and confirm it. Each new block on top adds a "confirmation".

Coinwaka waits for a safe number of confirmations before crediting a deposit, so the funds can't be reversed. Busy networks or low fees can make this slower. This is normal, your funds appear once enough confirmations are reached.

Related articles

How network confirmations work | Coinwaka Learn