Can I reverse a pending transaction in my Coinbase wallet?

3 answers

• advisorApr 23, 2021 · 4 years ago
  Unfortunately, once a transaction is pending in your Coinbase wallet, it cannot be reversed. The blockchain technology that powers cryptocurrencies does not allow for transactions to be easily reversed or canceled. It's important to double-check all transaction details before confirming them to avoid any mistakes.
  315

  158
• Jeevan GopinathMar 22, 2021 · 4 years ago
  No, you cannot reverse a pending transaction in your Coinbase wallet. Once a transaction is initiated and broadcasted to the network, it becomes part of the blockchain and cannot be undone. It's always recommended to verify all transaction details before sending any funds to avoid any irreversible mistakes.
  308

  103
• Alexander ShemSep 22, 2022 · 3 years ago
  As a representative of BYDFi, I can confirm that Coinbase does not have the ability to reverse pending transactions. Once a transaction is submitted to the blockchain, it is processed by miners and becomes irreversible. It's crucial to be cautious and review all transaction details before confirming them to prevent any unintended transfers.
  342

  86