I'm concerned about the safety of cryptocurrency transfers. Is there a risk of losing crypto in the process of sending it from one wallet to another? Could it disappear or get stolen during the transaction?
6 answers
Giuseppe
Fri Dec 06 2024
Blockchain.com is unable to assist in recovering lost funds.
IncheonBeautyBloomingRadiance
Fri Dec 06 2024
The decentralized nature of cryptocurrency networks plays a significant role in this limitation.
Silvia
Thu Dec 05 2024
Cryptocurrencies such as
Bitcoin operate on a decentralized ledger system.
Maria
Thu Dec 05 2024
Transactions conducted on these networks are irreversible.
Eleonora
Thu Dec 05 2024
Once funds are sent through a cryptocurrency transaction, they cannot be retrieved.