How many confirmations does USDT ERC-20 have?

USDT, which stands for Tether, is a cryptocurrency that is pegged to the value of the US dollar. This means that each USDT token is designed to be worth exactly one US dollar. One of the versions of USDT that exists is based on the Ethereum blockchain, using the ERC-20 token standard.

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When USDT tokens are transferred on the Ethereum network, they must go through a process of transaction confirmations. This is a security measure that ensures that the transaction is valid and has been approved by the network. The number of confirmations required can vary depending on the cryptocurrency and the exchange or wallet being used.

BTCC's wallet service is particularly notable, as it allows users to store their USDT tokens securely. The wallet is designed to be user-friendly and easy to navigate, making it a convenient option for those who want to keep their USDT tokens safe and accessible. With BTCC's wallet, users can easily send and receive USDT tokens, as well as check their balance and transaction history at any time.

For USDT on Ethereum (ERC-20), the number of transaction confirmations required is 14. This means that after a USDT transfer is initiated, it must be approved by 14 different validators on the Ethereum network before it is considered complete. This process typically takes a few minutes, but can sometimes take longer depending on the current network congestion.