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
ALGO — 10 confirmations
ANT — 25 confirmations
AOA — 25 confirmations
APE — 25 confirmations
API3 — 25 confirmations
ARB — 25 confirmations
ARV — 25 confirmations
ATOM — Immediate
AUDIO — 25 confirmations
AWG — 25 confirmations
AWS — 25 confirmations
AWX — 25 confirmations
AX — 25 confirmations for ERC-20, 128 confirmations for Polygon
AXS — 25 confirmations
AVAX — 128 confirmations
BAND — 25 confirmations
BAT — 25 confirmations
BCH — 10 confirmations
BEL — 25 confirmations
BNB — 25 confirmations
BNT — 25 confirmations
BOND — 25 confirmations
BTC — 3 confirmations
BTTC — 21 confirmations
BUSD — 25 confirmations
CAKE — 25 confirmations
CHR — 25 confirmations
CHZ — 25 confirmations
COMP — 25 confirmations
COTI — 25 confirmations
CRO — 25 confirmations, 128 confirmations for Cronos
CRV — 25 confirmations
CVC — 25 confirmations
DAI — 25 confirmations
DASH — 6 confirmations
DNT — 25 confirmations
DOGE — 6 confirmations
DOT — 10 confirmations
DYDX — 25 confirmations for ERC-20, 1 confirmation for Dydx
EGLD — 25 confirmations
ENJ — 25 confirmations
ETH — 25 confirmations
ETHW — 25 confirmations
EUROC — 25 confirmations
FARM — 25 confirmations
FIL — 25 confirmations
FLR — 32 confirmations
FTM — 25 confirmations
FUN — 25 confirmations
GAS — 5 confirmations
GLM — 25 confirmations
GNO — 25 confirmations
GNT — 25 confirmations
GRT — 25 confirmations
GZIL — 1 confirmation
HOT — 25 confirmations
ICP — 1 confirmation
IDEX — 25 confirmations
INJ — 25 confirmations
IOTA — 25 confirmations
JASMY — 25 confirmations
KAVA — 15 confirmations
KEEP — 25 confirmations
KP3R — 25 confirmations
KSM — 10 confirmations
LDO — 25 confirmations
LEVER — 25 confirmations
LINK — 25 confirmations
LRC — 25 confirmations
LTC — 3 confirmations
LQTY — 25 confirmations
MANA — 25 confirmations
MATIC — 25 confirmations for ERC-20, 128 confirmations for Polygon
MINA — 15 confirmations
MKR — 25 confirmations
NEAR — Immediate
NEO — 5 confirmations
OCEAN — 25 confirmations
OGN — 25 confirmations
OMG — 25 confirmations
ONG — 6 confirmations
ONT — 6 confirmations
OP — 32 confirmations
PAXG — 25 confirmations
POLS — 25 confirmations
QNT — 25 confirmations
QRDO — 25 confirmations
RARI — 25 confirmations
REN — 25 confirmations
REQ — 25 confirmations
RSR — 25 confirmations
SAND — 25 confirmations
SEI — Immediate
SGB — 32 confirmations
SHIB — 25 confirmations
SNX — 25 confirmations
SOL — Immediate
STORJ — 25 confirmations
SUSHI — 25 confirmations
TIA — 1 confirmation
THETA — 1 confirmation
TRB — 25 confirmations
TRX — 21 confirmations
TWT — 25 confirmations
TXAG — 25 confirmations for ERC-20, 128 confirmations for Polygon
TXAU — 25 confirmations for ERC-20, 128 confirmations for Polygon
UMA — 25 confirmations
UNI — 25 confirmations
USDC — 25 confirmations
USDT — 25 confirmations for ERC-20 and BEP-20, 21 confirmations for TRC-20, and 1 confirmation for the Solana network
VET — 25 confirmations
WBTC — 25 confirmations
WNXM — 25 confirmations
XDC — 68 confirmations
XLM — Immediate
XRP — Immediate
XSGD — 25 confirmations
XTZ — 30 confirmations
ZIL — 1 confirmation
ZRX — 25 confirmations
Withdrawals
Once you create a withdrawal operation on your CEX.IO account and confirm it (with your email and two-factor authentication), 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.