Why Should I Wait For Confirmations During Crypto  to Cash Transactions?

When you convert crypto to naira, the transaction needs to go through a process called “confirmation.” This step ensures that the crypto transaction is valid, secure, and recorded properly on the blockchain. Confirmations help verify that the transaction was processed successfully and that the funds are available to complete the exchange.

Waiting for these confirmations ensures that your transaction is secure, reducing the risk of fraud or errors. The more confirmations a transaction has, the more secure it is.Once all confirmations are in place, your crypto-to-cash transaction will be processed and completed, and you’ll have your funds in your account!