How can I cancel a bitcoin transaction with 1 or fewer confirmations?

3 answers

• time_invarientSep 01, 2022 · 3 years ago
  Unfortunately, once a bitcoin transaction is broadcasted to the network, it cannot be canceled. However, if your transaction has 1 or fewer confirmations, there is a chance that it will be dropped by the network and the bitcoins will be returned to your wallet. It may take some time for the transaction to be dropped, so it's best to wait and monitor the situation. If the transaction is not dropped within a reasonable time, you can try contacting the recipient and ask for their cooperation in returning the bitcoins.
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• Naima NorbergOct 02, 2021 · 4 years ago
  I'm sorry to hear that you're facing this issue. Cancelling a bitcoin transaction with 1 or fewer confirmations is not possible. Once a transaction is broadcasted, it becomes a part of the blockchain and cannot be reversed. However, if the transaction is not confirmed by any miners, there is a chance that it will be dropped by the network. In this case, the bitcoins will be returned to your wallet. It's important to note that this process may take some time, so it's best to be patient and wait for the transaction to be dropped.
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• KonradYonJan 13, 2021 · 5 years ago
  As an expert in the field, I can confirm that cancelling a bitcoin transaction with 1 or fewer confirmations is not possible. Once a transaction is broadcasted, it becomes a part of the blockchain and cannot be reversed. However, if the transaction is not confirmed by any miners, there is a chance that it will be dropped by the network. This is a natural process and the bitcoins will be returned to your wallet. It's important to be patient and wait for the transaction to be dropped. If you're in a hurry, you can try contacting the recipient and explain the situation to them. They may be willing to cooperate and return the bitcoins to you.
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