Are there any fees associated with cancelling a bitcoin transaction on Coinbase?

3 answers

• Guillaume_DucasJul 24, 2023 · 2 years ago
  Yes, Coinbase does charge fees for cancelling a bitcoin transaction. When you cancel a transaction on Coinbase, you may be subject to a cancellation fee. The exact fee amount depends on various factors, such as the size of the transaction and the current network congestion. It's important to note that cancelling a transaction does not guarantee that the funds will be returned immediately, as it may take some time for the cancellation to be processed.
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• Clinton AveryMay 23, 2022 · 3 years ago
  Cancelling a bitcoin transaction on Coinbase may incur fees. The fees vary depending on the specific circumstances, such as the size of the transaction and the current network conditions. It's advisable to check Coinbase's fee schedule or contact their customer support for the most accurate and up-to-date information regarding cancellation fees.
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• Brittany WilliamsApr 19, 2024 · a year ago
  As an expert in the field, I can confirm that cancelling a bitcoin transaction on Coinbase may result in fees. However, it's important to note that the fees associated with cancelling a transaction are not unique to Coinbase and are a common practice across many cryptocurrency exchanges. It's always a good idea to familiarize yourself with the specific fee structure of the exchange you are using to avoid any surprises.
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