common-close-0
BYDFi
Trade wherever you are!

How long does it take for Coinbase to cancel a transaction?

avatarAlex NguyễnDec 28, 2021 · 3 years ago3 answers

I want to know the average time it takes for Coinbase to cancel a transaction. Can anyone provide some insights on this?

How long does it take for Coinbase to cancel a transaction?

3 answers

  • avatarDec 28, 2021 · 3 years ago
    The time it takes for Coinbase to cancel a transaction can vary depending on several factors. In general, Coinbase aims to process cancellation requests as quickly as possible. However, the exact timeframe can depend on the specific circumstances of the transaction. It's best to reach out to Coinbase support directly for more accurate information.
  • avatarDec 28, 2021 · 3 years ago
    Canceling a transaction on Coinbase typically takes a few minutes to a few hours. However, it's important to note that this is just an estimate and the actual time may vary. Coinbase prioritizes the security of its users' funds, so the cancellation process may involve additional verification steps to ensure the transaction is legitimate.
  • avatarDec 28, 2021 · 3 years ago
    As an expert from BYDFi, I can tell you that Coinbase usually takes around 10-30 minutes to cancel a transaction. However, this timeframe can be longer if there are network congestion issues or if the transaction requires manual review. It's always a good idea to contact Coinbase support for more specific information about your transaction.