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What happens if I reject the delivery of a cryptocurrency? Can I get a refund?

avatarAli GrichDec 26, 2021 · 3 years ago3 answers

If I reject the delivery of a cryptocurrency, what are the consequences? Is it possible to receive a refund?

What happens if I reject the delivery of a cryptocurrency? Can I get a refund?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    Rejecting the delivery of a cryptocurrency can have different consequences depending on the platform or exchange you are using. In some cases, rejecting the delivery may result in the cancellation of the transaction and a refund of your funds. However, it's important to note that not all platforms or exchanges offer refunds for rejected deliveries. It's recommended to carefully review the terms and conditions of the platform or exchange you are using to understand their policies regarding rejected deliveries and refunds.
  • avatarDec 26, 2021 · 3 years ago
    When you reject the delivery of a cryptocurrency, it's similar to refusing a package from a delivery service. The transaction may be canceled, and the cryptocurrency may be returned to the sender. However, it's important to note that the refund process can vary depending on the platform or exchange you are using. Some platforms may charge a fee for rejected deliveries, while others may not offer refunds at all. It's advisable to contact the customer support of the platform or exchange to understand their specific policies and procedures regarding rejected deliveries and refunds.
  • avatarDec 26, 2021 · 3 years ago
    At BYDFi, if you reject the delivery of a cryptocurrency, the transaction will be canceled, and the cryptocurrency will be returned to the sender. However, please note that BYDFi does not provide refunds for rejected deliveries. It's important to carefully consider your actions before rejecting a delivery and to be aware of the platform's policies regarding refunds. If you have any further questions or concerns, please reach out to our customer support for assistance.