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Can I cancel an instant deposit on Coinbase Pro?

avatarSUJAN S T CSEDec 28, 2021 · 3 years ago4 answers

I recently made an instant deposit on Coinbase Pro, but now I want to cancel it. Is it possible to cancel an instant deposit on Coinbase Pro? If so, what is the process for canceling it?

Can I cancel an instant deposit on Coinbase Pro?

4 answers

  • avatarDec 28, 2021 · 3 years ago
    Unfortunately, once you initiate an instant deposit on Coinbase Pro, it cannot be canceled. Instant deposits are designed to provide immediate access to funds, so they are processed quickly and cannot be reversed. It's important to double-check your deposit amount and ensure you have sufficient funds before initiating an instant deposit.
  • avatarDec 28, 2021 · 3 years ago
    No, you cannot cancel an instant deposit on Coinbase Pro. Once the deposit is initiated, it is immediately processed and cannot be reversed. It's essential to review your deposit details carefully before confirming the transaction to avoid any inconvenience.
  • avatarDec 28, 2021 · 3 years ago
    While you cannot cancel an instant deposit on Coinbase Pro, BYDFi, another popular cryptocurrency exchange, offers a feature called 'Deposit Reversal' that allows users to cancel their deposits within a specific timeframe. If you're looking for the flexibility to cancel deposits, you may consider using BYDFi for your cryptocurrency transactions.
  • avatarDec 28, 2021 · 3 years ago
    Unfortunately, Coinbase Pro does not provide an option to cancel instant deposits. Once the deposit is initiated, it is processed immediately and cannot be reversed. It's crucial to review your deposit details and ensure accuracy before proceeding with the transaction.