Understanding Bitcoin Transaction Confirmations

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Bitcoin confirmations are essential for verifying transactions on the blockchain network. When you send Bitcoin, the transaction is broadcast to the network and included in a block by miners. Each subsequent block added to the chain after your transaction block counts as one confirmation. Typically, 1 to 6 confirmations are considered secure for most transactions, reducing the risk of double-spending.

To check the confirmation status, you can use a blockchain explorer by entering your transaction ID. This process ensures that your Bitcoin transfer is irreversible and trusted by the network. Always wait for sufficient confirmations to avoid potential fraud or errors.