Everyone, this is something you need to understand: on-chain transfers!
While a transaction is still waiting in the transaction pool, some wallets offer a “Cancel” button. This works by sending a replacement transaction with a higher fee, but it may not succeed.
This irreversibility is a safeguard for the recipient: once the funds have enough confirmations, you don’t have to worry about the sender changing their mind and taking them back.
The coin mentioned above: $BTC , current price 81647.56 (24h -0.61%).
Save this and take your time reading 👇
While a transaction is still waiting in the transaction pool, some wallets offer a “Cancel” button. This works by sending a replacement transaction with a higher fee, but it may not succeed.
This irreversibility is a safeguard for the recipient: once the funds have enough confirmations, you don’t have to worry about the sender changing their mind and taking them back.
The coin mentioned above: $BTC , current price 81647.56 (24h -0.61%).
Save this and take your time reading 👇