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Is it possible to cancel a transaction on Coinbase and get my coins back?

avatarAdam HitchmoughDec 17, 2021 · 3 years ago3 answers

I made a transaction on Coinbase, but now I want to cancel it and get my coins back. Is it possible to cancel a transaction on Coinbase and get a refund?

Is it possible to cancel a transaction on Coinbase and get my coins back?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    Unfortunately, once a transaction is confirmed on the blockchain, it cannot be canceled. This is because blockchain transactions are irreversible and designed to be permanent. Therefore, it is not possible to cancel a transaction on Coinbase and get your coins back. It is important to double-check all transaction details before confirming them to avoid any unwanted transactions.
  • avatarDec 17, 2021 · 3 years ago
    No, you cannot cancel a transaction on Coinbase and get your coins back. Once a transaction is broadcasted to the blockchain, it becomes part of a public ledger and cannot be reversed. It is always recommended to review your transaction details carefully before confirming them to ensure accuracy.
  • avatarDec 17, 2021 · 3 years ago
    As an expert in the field, I can confirm that it is not possible to cancel a transaction on Coinbase and get your coins back. Coinbase operates on a decentralized blockchain network, where transactions are recorded and verified by multiple nodes. Once a transaction is confirmed, it cannot be reversed. It is crucial to exercise caution and verify all transaction details before proceeding.