【Quick explainer】Why can’t on-chain transfers be reversed?
While a transaction is still waiting to be included in a block in the transaction pool, some wallets have a “Cancel” button. It works by broadcasting a replacement transaction with a higher fee, but it may not succeed.
Coin in the example: $BTC . Current price: 81487.94 (24h: -0.62%).
Knowledge can help you avoid some pitfalls, but it can’t replace risk management.
While a transaction is still waiting to be included in a block in the transaction pool, some wallets have a “Cancel” button. It works by broadcasting a replacement transaction with a higher fee, but it may not succeed.
Coin in the example: $BTC . Current price: 81487.94 (24h: -0.62%).
Knowledge can help you avoid some pitfalls, but it can’t replace risk management.