Confirmation vs Receive
Quick comparison to help you distinguish these two crypto terms.
Confirmation
beginner
fundamentals
The verification process where a cryptocurrency transaction is validated and permanently recorded on the blockchain through inclusion in a new block, with multiple confirmations increasing transaction security and irreversibility.
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beginner
fundamentals
Receive refers to accepting cryptocurrency sent to your wallet addresses. This involves sharing your address with senders, who create transactions transferring value to that address, with received funds becoming spendable once transactions confirm on the blockchain.
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