![]() When you press send in your cryptocurrency wallet, your transaction details are broadcast to the blockchain, and once initiated, your crypto transaction cannot be stopped. No, you cannot cancel a crypto transaction. This begs the question: can you cancel a cryptocurrency transaction?Ĭan You Cancel a Cryptocurrency Transaction? Once you hit send in your cryptocurrency wallet, the transaction is released to the blockchain, waiting for miners to confirm your transaction. With fiat currency, canceling a transaction isn't always easy, but it can be done through some format in most cases. One question frequently asked by newcomers and even long-time cryptocurrency users regards canceling a transaction. Image Credit: Panchenko Vladimir/ Shutterstock
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