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tl;dr:
  • 1 confirmation: sufficient for small payments less than $1,000.
  • 3 confirmations: for payments $1,000 - $10,000. Most exchanges require 3 confirmations for deposits.
  • 6 confirmations: good for large payments between $10,000 - $1,000,000. Six is standard for most transactions to be considered secure.
  • 10 confirmations: suggested for large payments greater than $1,000,000.
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