Leading cryptocurrency exchange Binance has stated that it has reduced the number of confirmations required to make a transaction to and from the exchange. The crypto assets that the change will apply to for now are Bitcoin (BTC) and Ether (ETH).
The move should make the overall service offered by the exchange stronger. Requiring less confirmations means deposits and withdrawals will go through faster.
Binance Announce Speedier Crypto Asset Withdrawals
In a customer announcement earlier...