Is it possible to reverse a withdrawal if I accidentally confirm it twice on Binance?
htograma38Dec 26, 2021 · 3 years ago3 answers
I accidentally confirmed a withdrawal twice on Binance. Is there any way to reverse the withdrawal and get my funds back?
3 answers
- Dec 26, 2021 · 3 years agoUnfortunately, once a withdrawal is confirmed on Binance, it cannot be reversed. The blockchain technology that powers cryptocurrencies is designed to be immutable, meaning that transactions, once confirmed, cannot be altered or reversed. Therefore, it is crucial to double-check all withdrawal details before confirming to avoid any accidental mistakes.
- Dec 26, 2021 · 3 years agoNo, it is not possible to reverse a withdrawal if you accidentally confirm it twice on Binance. Once the withdrawal is confirmed, the transaction is sent to the blockchain network for processing, and it becomes irreversible. It is important to be cautious and double-check all the details before confirming any withdrawal to prevent any unintended actions.
- Dec 26, 2021 · 3 years agoAs an expert from BYDFi, I can confirm that it is not possible to reverse a withdrawal if you accidentally confirm it twice on Binance. Once the withdrawal is confirmed, it is processed and sent to the blockchain network for verification. At this point, it becomes irreversible. It is essential to be careful and review all withdrawal details before confirming to avoid any accidental mistakes.
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