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Can I cancel a pending transaction on Coinbase?

avatarSavage ShapiroDec 27, 2021 · 3 years ago3 answers

Is it possible to cancel a transaction that is still pending on Coinbase? I made a mistake and need to reverse the transaction. Can Coinbase help me with this?

Can I cancel a pending transaction on Coinbase?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    Unfortunately, once a transaction is pending on Coinbase, it cannot be canceled. The blockchain network processes transactions automatically, and once a transaction is initiated, it cannot be reversed. It's important to double-check all transaction details before confirming them to avoid any mistakes.
  • avatarDec 27, 2021 · 3 years ago
    No, you cannot cancel a pending transaction on Coinbase. Once a transaction is submitted to the blockchain, it becomes part of a block and is irreversible. It's crucial to review all transaction details carefully before proceeding to avoid any errors or unwanted transactions.
  • avatarDec 27, 2021 · 3 years ago
    As an expert in the field, I can confirm that Coinbase does not provide an option to cancel pending transactions. Once a transaction is initiated, it enters the blockchain network and cannot be reversed. It's essential to be cautious and review all transaction details before confirming them to ensure accuracy.