You can request a reversal for a bank transfer, so why not for an on-chain transfer?
While a transaction is still queued in the mempool, some wallets have a “Cancel” button. The idea is to send a replacement transaction with a higher fee, but it may not work.
Here’s the key point: before sending crypto to a new address for the first time, send a small test amount first. Once you’ve confirmed it arrived, send the rest. It costs an extra transaction fee, but gives you peace of mind.
And here’s a price update: $BTC is currently at 82850.75, down 1.01% over 24 hours.
Every potential return comes with a corresponding risk. Make sure you understand how much you could lose in the worst-case scenario.
#BTC
While a transaction is still queued in the mempool, some wallets have a “Cancel” button. The idea is to send a replacement transaction with a higher fee, but it may not work.
Here’s the key point: before sending crypto to a new address for the first time, send a small test amount first. Once you’ve confirmed it arrived, send the rest. It costs an extra transaction fee, but gives you peace of mind.
And here’s a price update: $BTC is currently at 82850.75, down 1.01% over 24 hours.
Every potential return comes with a corresponding risk. Make sure you understand how much you could lose in the worst-case scenario.
#BTC