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What is the process to cancel pending Ethereum transactions?

avatarPearl FoxDec 25, 2021 · 3 years ago3 answers

I have initiated an Ethereum transaction but it is still pending. How can I cancel the transaction and get my funds back?

What is the process to cancel pending Ethereum transactions?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    To cancel a pending Ethereum transaction, you can use the 'Cancel' function in your Ethereum wallet. Simply locate the pending transaction in your wallet's transaction history, select it, and choose the 'Cancel' option. This will initiate the cancellation process and return the funds to your wallet. Make sure to check the gas price and adjust it accordingly to ensure a faster cancellation process.
  • avatarDec 25, 2021 · 3 years ago
    If you're using a decentralized exchange (DEX) like Uniswap or Sushiswap, cancelling a pending Ethereum transaction might not be possible. DEX transactions are executed directly on the blockchain, and once initiated, they cannot be cancelled. However, you can try speeding up the transaction by increasing the gas price or using a transaction accelerator service.
  • avatarDec 25, 2021 · 3 years ago
    At BYDFi, we provide a seamless process to cancel pending Ethereum transactions. Simply log in to your BYDFi account, go to the transaction history section, and locate the pending transaction you wish to cancel. Click on the 'Cancel' button next to the transaction, and our system will handle the cancellation process for you. The funds will be returned to your BYDFi wallet immediately. Please note that cancellation fees may apply.