Cryptocurrency Q&A
Can I cancel an unconfirmed Bitcoin transaction?
Can I cancel an unconfirmed Bitcoin transaction?
Silvia
Tue Dec 17 2024
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6 answers
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I made a Bitcoin transaction but it's still unconfirmed. I'm wondering if there's a way to cancel it since I accidentally sent it to the wrong address.
6 answers
SophieJones
Thu Dec 19 2024
Each of these methods has its own benefits and drawbacks, and the choice of which to use will depend on the specific circumstances of your transaction.
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BonsaiGrace
Thu Dec 19 2024
To cancel an unconfirmed Bitcoin transaction, there are several methods available.
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BusanBeautyBloomingStarShine
Thu Dec 19 2024
One method is Replace-by-Fee (RBF), which allows you to replace the unconfirmed transaction with a new one that has a higher fee.
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KpopMelody
Thu Dec 19 2024
Another method is Child-Pays-for-Parent (CPFP), where you can create a new transaction that pays a higher combined fee to speed up the confirmation of the original transaction.
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amelia_harrison_architect
Thu Dec 19 2024
Transaction accelerators are also an option, which prioritize your transaction over others to increase its chances of being confirmed.
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