Are there any specific guidelines or instructions to cancel a transaction on Metamask for a cryptocurrency trade?
Cash HejlesenDec 18, 2021 · 3 years ago3 answers
I'm new to using Metamask for cryptocurrency trades and I want to know if there are any specific guidelines or instructions to cancel a transaction on Metamask. Can someone please provide me with detailed steps on how to cancel a transaction?
3 answers
- Dec 18, 2021 · 3 years agoSure, cancelling a transaction on Metamask is possible but it depends on the stage of the transaction. If the transaction is still pending, you can simply click on the transaction in the Metamask interface and select 'Cancel'. However, if the transaction has already been confirmed and included in a block, it cannot be cancelled. In that case, you can try to replace the transaction with a new one with a higher gas fee to speed up the process.
- Dec 18, 2021 · 3 years agoTo cancel a transaction on Metamask, you need to follow these steps: 1. Open the Metamask extension in your browser. 2. Go to the 'Activity' tab. 3. Find the transaction you want to cancel and click on it. 4. Click on the 'Cancel' button. Please note that if the transaction has already been confirmed, you won't be able to cancel it.
- Dec 18, 2021 · 3 years agoAs an expert in the cryptocurrency industry, I can confirm that cancelling a transaction on Metamask is indeed possible. However, it's important to note that the cancellation process depends on the specific blockchain network and the status of the transaction. If you're using BYDFi, you can follow the instructions provided by their platform to cancel a transaction. For other networks, you can refer to the official documentation or seek assistance from their support team.
Related Tags
Hot Questions
- 99
How does cryptocurrency affect my tax return?
- 97
What are the best practices for reporting cryptocurrency on my taxes?
- 82
How can I protect my digital assets from hackers?
- 67
How can I minimize my tax liability when dealing with cryptocurrencies?
- 59
Are there any special tax rules for crypto investors?
- 51
What are the best digital currencies to invest in right now?
- 38
How can I buy Bitcoin with a credit card?
- 25
What are the advantages of using cryptocurrency for online transactions?