12 confirms for Litecoin???

[Roger T. Bannon]

Read good things about Litecoin so was going to give it a try on Coinbase Pro for a payout. But they require 12 confirmations.

Can't imagine this being faster than bitcoin. How long does a confirm usually take?

This stuff is completely ridiculous.

[DroopyDog]

20 minutes tops usually for 12 Ltc confirmations

Use eth for even faster confirmstions

[Roger T. Bannon]

20 minutes tops usually for 12 Ltc confirmations

Use eth for even faster confirmstions

Thanks. How fast for ETH?

[DroopyDog]

My eth deposits to bookmaker take about 2-5 minutes to be credited. They confirm nearly instantly.

[Roger T. Bannon]

My eth deposits to bookmaker take about 2-5 minutes to be credited. They confirm nearly instantly.

I'll give it a try.

Where can you track an ethereum wallet?

[Roger T. Bannon]

So BetOnline timeframe for non-bitcoin is 48 hours so I chickened out and went with bitcoin which worked out OK although it took an hour to get the required confirms. Do they pay out as fast with the other options as with bitcoin?

[ClimbSomeRocks]

A block on average on LTC takes 2.5 minutes. so 12 blocks would be approximately 30 minutes.

The reason they do this is because a chain reorg is significantly more likely on LTC because they're is less hashpower on the network.

If that sounds very complicated... just know that litecoin is less secure, and because it's less secure, people will ask for more confirmations.

[Roger T. Bannon]

It has to be faster than bitcoin. What I am interested to know now is if anyone has any experience withdrawing LiteCoin from BOL. It was super fast with bitcoin. These BOL withdrawals are super fast. Since they give a 48-hour payout window, I am assuming the Litecoin payouts and other forms are not processed as fast but that may not be the case.

[Roger T. Bannon]

Was a smart move to take the bitcoin in this instance. Doing a BCH today and it is not going through as fast. But not going to wait on bitcoin confirms in this market.

[Roger T. Bannon]

Just got it. Lost 1.9% in fees. Not as good as a BOL bitcoin payout. 12 confirms needed now.

[Roger T. Bannon]

BCH confirms are slow as hell.

[Roger T. Bannon]

Going down now. I'm getting fukked.

[Roger T. Bannon]

A check only costs 3% I think. It's a better deal.

[Roger T. Bannon]

6 confirms in two hours. What a joke. I don't know how anybody thinks this shit is worth 2 cents.

[Roger T. Bannon]

16 confirms now after 3 hours and the scammers at Coinbase are still not making the funds available.

[Roger T. Bannon]

After 20 confirms and an email to Coinbase, I sell at a 5.7% loss on the transaction.

Never again.


It was 5% to deposit via bitcoin and 6% to withdraw via BCH.

[Roger T. Bannon]

It took 2 hours to get the BCH which is pretty good but only about 4 minutes for bitcoin.