What is the process to cancel a bitcoin transaction on Coinbase?

3 answers

• Djurhuus BitschSep 29, 2020 · 5 years ago
  Sure, cancelling a bitcoin transaction on Coinbase is possible, but it depends on the status of the transaction. If the transaction is still pending, you can go to your Coinbase account, navigate to the 'Accounts' tab, select the bitcoin wallet, and click on the transaction you want to cancel. From there, you should see an option to cancel the transaction. Keep in mind that once a transaction is confirmed on the blockchain, it cannot be cancelled. So, if the transaction is already confirmed, unfortunately, you won't be able to cancel it.
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• rushMar 17, 2021 · 4 years ago
  To cancel a bitcoin transaction on Coinbase, you can follow these steps: 1. Log in to your Coinbase account. 2. Go to the 'Accounts' tab. 3. Select your bitcoin wallet. 4. Find the transaction you want to cancel and click on it. 5. If the transaction is still pending, you should see an option to cancel it. 6. Click on the cancel button and confirm the cancellation. However, if the transaction is already confirmed on the blockchain, it cannot be reversed.
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• Peter TeunenApr 04, 2024 · a year ago
  Canceling a bitcoin transaction on Coinbase is quite straightforward. If you made a mistake and the transaction is still pending, you can simply log in to your Coinbase account, go to the 'Accounts' tab, select your bitcoin wallet, and find the transaction you want to cancel. If the cancel option is available, you can click on it to cancel the transaction. However, once a bitcoin transaction is confirmed on the blockchain, it becomes irreversible. So, make sure to double-check your transactions before confirming them.
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