In order to send cryptocurrencies from one wallet to another, you need to create a transaction that should be confirmed on a blockchain. When you check your operation on the blockchain, you can see how many confirmations it has received. The number of these confirmations shows how many blocks have been created after adding your transaction to the blockchain. The more confirmations a transaction has, the more secure it is.
In fact, the processing time depends on the network participants (validators), and neither CEX.IO nor any other crypto exchange platform can influence it. Generally, Bitcoin transactions are considered secure after receiving at least six confirmations. However, most platforms, including CEX.IO, require a minimum of three confirmations for Bitcoin transactions to be shown on your balance to save time. Here are the number of confirmations needed for every cryptocurrency to be credited to your CEX.IO account:
Deposits
1INCH — 25 confirmations
AAVE — 25 confirmations
ADA — 21 confirmations
AKRO — 25 confirmations
ANT — 25 confirmations
ATOM — 1 confirmation
AWG — 25 confirmations
AWS — 25 confirmations
AWX — 25 confirmations
BAL — 25 confirmations
BAND — 25 confirmations
BAT — 25 confirmations
BCH — 10 confirmations
BCHA — 10 confirmations
BNB — 25 confirmations
BNT — 25 confirmations
BTC — 3 confirmations
BTT — 21 confirmations
BUSD — 25 confirmations
CAKE — 25 confirmations
COMP — 25 confirmations
COTI — 25 confirmations
CREAM — 25 confirmations
CRV — 25 confirmations
CVC — 25 confirmations
DAI — 25 confirmations
DASH — 6 confirmations
DNT — 25 confirmations
DOGE — 6 confirmations
DOT — 10 confirmations
EDGT — 1 confirmation
ETH — 25 confirmations
FARM — 25 confirmations
FUN — 25 confirmations
GAS — 5 confirmations
GLM — 25 confirmations
GRT — 25 confirmations
GUSD — 25 confirmations
HAPI — 25 confirmations
HOT — 25 confirmations
ICP — 1 confirmation
JASMY — 25 confirmations
KAVA — 15 confirmations
KNC — 25 confirmations
KP3R — 25 confirmations
KSM — 10 confirmations
LAMB — 25 confirmations
LINK — 25 confirmations
LRC — 25 confirmations
LTC — 3 confirmations
MANA — 25 confirmations
MATIC — 25 confirmations
MHC — 1 confirmation
MKR — 25 confirmations
MTA — 25 confirmations
MUSD — 25 confirmations
NEO — 5 confirmations
OCEAN — 25 confirmations
OMG — 25 confirmations
ONG — 6 confirmations
ONT — 6 confirmations
PAXG — 25 confirmations
RARI — 25 confirmations
REN — 25 confirmations
RENBTC — 25 confirmations
REPV2 — 25 confirmations
RSR — 25 confirmations
SHIB — 25 confirmations
SNX — 25 confirmations
SOL — 1 confirmation
SRM — 25 confirmations
STORJ — 25 confirmations
SUSHI — 25 confirmations
EVER — 10 confirmations
TRB — 25 confirmations
TRX — 21 confirmations
TUSD — 25 confirmations
TWT — 25 confirmations
UMA — 25 confirmations
UNI — 25 confirmations
USDC — 25 confirmations
USDT— 25 confirmations
UTK — 25 confirmations
WABI — 25 confirmations
WBTC — 25 confirmations
XLM — Immediate
XRP — Immediate
XSGD — 25 confirmations
XTZ — 30 confirmations
YFI — 25 confirmations
YFII — 25 confirmations
ZAP — 25 confirmations
ZIL — 25 confirmations
ZRX — 25 confirmations
ZWAP — 25 confirmations
Withdrawals
Once you create a withdrawal operation on your CEX.IO account and confirm it (with your email and two-factor authentication on the website or WPC in the mobile app), it’s sent to the blockchain for processing. When your withdrawal hits the destination wallet depends on various factors including the network load and the number of confirmations needed by the recipient platform.
Please allow up to one hour for the network to pick up your transaction. We also recommend clarifying the number of confirmations needed by the recipient wallet.
Also, make sure to check all details of the destination wallet address. Remember that a crypto transaction cannot be reversed. As soon as it has received at least one confirmation, the transaction cannot be canceled or returned.