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Is it possible to cancel wire withdrawals on Coinbase after they have been initiated?

avatarRugashan JeevaDec 16, 2021 · 3 years ago3 answers

I initiated a wire withdrawal on Coinbase, but now I need to cancel it. Is it possible to cancel wire withdrawals on Coinbase after they have been initiated? What are the steps to cancel a wire withdrawal on Coinbase?

Is it possible to cancel wire withdrawals on Coinbase after they have been initiated?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    Unfortunately, once a wire withdrawal has been initiated on Coinbase, it cannot be canceled. This is because wire transfers are typically irreversible and cannot be reversed or canceled once they have been initiated. It is important to double-check all the details before initiating a wire withdrawal to avoid any inconvenience.
  • avatarDec 16, 2021 · 3 years ago
    No, it is not possible to cancel wire withdrawals on Coinbase after they have been initiated. Once the withdrawal has been initiated, it is processed and cannot be reversed. It is recommended to carefully review all the withdrawal details before initiating the transaction to ensure accuracy.
  • avatarDec 16, 2021 · 3 years ago
    As a representative from BYDFi, I can confirm that wire withdrawals on Coinbase cannot be canceled once they have been initiated. It is important to review all the withdrawal details and ensure their accuracy before initiating the transaction. If you have any concerns or questions about wire withdrawals, feel free to reach out to Coinbase's customer support for assistance.