I accidentally sent my cryptocurrency to the wrong network in Coinbase. Is there a way to recover it? I'm worried that I might have lost my funds forever.
5 answers
Sara
Thu Dec 05 2024
On-chain transactions possess a unique characteristic of irreversibility.
Elena
Thu Dec 05 2024
Once a transaction is confirmed on the blockchain, it cannot be reversed or altered.
Nicola
Thu Dec 05 2024
This means that if funds are sent to an incorrect address or via the wrong network, they are essentially lost forever.
KatanaSharpness
Thu Dec 05 2024
Coinbase, as a cryptocurrency exchange, is unable to retrieve these misplaced funds.
henry_harrison_philosopher
Wed Dec 04 2024
Users are solely responsible for ensuring that they enter the correct recipient address and select the appropriate network when making a transaction.