Let's talk about on-chain transfers:
When you withdraw from an exchange, once the request has been broadcast to the blockchain, the platform can't cancel it. It can only be revoked while it's still under review.
Irreversibility is one of the consequences of blockchain: there's no central authority that can alter the ledger, and no one can roll back a transaction for you.
$BTC 82360.6(-1.58%)
#BTC
When you withdraw from an exchange, once the request has been broadcast to the blockchain, the platform can't cancel it. It can only be revoked while it's still under review.
Irreversibility is one of the consequences of blockchain: there's no central authority that can alter the ledger, and no one can roll back a transaction for you.
$BTC 82360.6(-1.58%)
#BTC