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Is it possible to cancel a transfer of ADA from Binance to Daedalus wallet?

avatarAdnan RazzaqNov 26, 2021 · 3 years ago3 answers

I recently initiated a transfer of ADA from Binance to my Daedalus wallet, but I realized that I made a mistake in the transaction. Is it possible to cancel the transfer and get my ADA back?

Is it possible to cancel a transfer of ADA from Binance to Daedalus wallet?

3 answers

  • avatarNov 26, 2021 · 3 years ago
    Unfortunately, once a transaction is initiated on the blockchain, it cannot be canceled. The blockchain is designed to be immutable and irreversible, ensuring the security and integrity of transactions. Therefore, it is not possible to cancel a transfer of ADA from Binance to Daedalus wallet. It is important to double-check all transaction details before confirming them to avoid any mistakes.
  • avatarNov 26, 2021 · 3 years ago
    No, you cannot cancel a transfer of ADA from Binance to Daedalus wallet. Once the transaction is confirmed and added to the blockchain, it becomes permanent and cannot be reversed. It is crucial to review all transaction details carefully before proceeding to avoid any errors or mistakes.
  • avatarNov 26, 2021 · 3 years ago
    As an expert in the field, I can confirm that it is not possible to cancel a transfer of ADA from Binance to Daedalus wallet. Once the transaction is broadcasted to the network and confirmed by miners, it becomes a permanent part of the blockchain. Therefore, it is important to exercise caution and double-check all transaction details before initiating any transfers.