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How to cancel a pending bitcoin transaction

How to cancel a pending bitcoin transaction

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Transactions are usually confirmed within prioritized by miners, and incorrect destination addresses can also cause get confirmed.

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No, generally, you cannot cancel a Bitcoin transaction after it has been confirmed. Bitcoin transactions, once confirmed and added to the. Due to the nature of digital currency protocols. The first step in canceling your Bitcoin transaction is to check whether or not it has any confirmations. Take your transaction ID and enter it into a block.

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To do this, make a new transaction equal to the amount of the original one and send it to yourself. Easy Normal Medium Hard Expert. Therefore, check whether your wallet allows you to do this first.

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