Is it possible to cancel a bitcoin transaction if it remains unconfirmed for a long time?

3 answers

• Jacob BautistaJan 30, 2024 · a year ago
  Unfortunately, once a bitcoin transaction is broadcasted to the network, it cannot be canceled. The transaction will remain in the mempool until it is either confirmed or dropped by the network. This means that if your transaction remains unconfirmed for a long time, there is no way to cancel it and get your bitcoins back.
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• Salat11kOct 24, 2024 · 8 months ago
  No, it's not possible to cancel a bitcoin transaction once it's been broadcasted. Bitcoin transactions are designed to be irreversible, which means that once the transaction is included in a block and confirmed by the network, it cannot be reversed. If your transaction is taking a long time to confirm, you may want to check the transaction fee you included. Transactions with higher fees are usually prioritized by miners and are more likely to be confirmed quickly.
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• radestijnJan 13, 2024 · a year ago
  As an expert from BYDFi, I can confirm that it is not possible to cancel a bitcoin transaction once it has been broadcasted to the network. Bitcoin transactions are processed by miners who include them in blocks, and once a transaction is included in a block, it becomes a part of the blockchain and cannot be reversed. If your transaction remains unconfirmed for a long time, it's best to be patient and wait for it to be confirmed by the network.
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