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"How many confirmations should I wait for?"
Depends on what you're protecting.
A common Bitcoin convention for high-value transfers is 6 confirmations. But $BELLS, $DOGE, and Pepecoin Network's $PEP all target ~1-minute block times - so six confirmations is roughly six minutes at target block time, not an hour. Real block discovery is probabilistic, so the actual wait can be a little faster or slower.
The right number scales with several things at once: how much you're moving, chain security, counterparty risk, block time, and the receiver's own policy. There's no fixed habit that works everywhere.
A practical guide:
→ Small payments (a few BELLS, a coffee-sized DOGE transfer)
1–2 confirmations is often reasonable - assuming both sides accept the small reorg / double-spend risk for low-value transfers.
→ Marketplace buys, regular transfers, mid-value sends
2–6 confirmations, depending on value and the marketplace's own policy.
→ Large transfers, exchange deposits, anything you really can't lose
6+ confirmations as a starting point. Exchange policies vary widely by asset - some credit at 2, some require 14+. Check the receiving service's specific requirement before you assume.
→ Inscription transfers
Watch for two things: the base-chain transaction confirming, and the inscription appearing at the destination address in the inscription explorer. Ordinal-style assets depend on indexer state, not just UTXO state - and safe sending also depends on the wallet handling input/output ordering correctly.
One confirmation isn't always "enough."
Six isn't always overkill.
The risk decides.
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