Why I think KuCoin makes 300 confirmations necessary for deposit

ADA deposits on Kucoin take about 2 hours to credit the account (waits for 300 confirmations). So about 10 times slower than Bitcoin. Why?

I think they want to front run sellers in case they (and Binance) see huge ADA deposits coming.

Isn’t this the only reason you think?

2 Likes

I think you are right, bring on the ADA exchanges to give them some competition :slight_smile: