When you make a purchase on Coinbase, the transaction is not complete until it is confirmed by the blockchain. This can take a few minutes, and during that time your transaction will show as pending.
If you cancel a transaction that is pending, your funds will be returned to your wallet.
You may have noticed that sometimes when you make a purchase on Coinbase, the transaction is not complete immediately. This is because the transaction needs to be confirmed by the blockchain.
The confirmation process can take a few minutes, and during that time your transaction will show as pending.
If you need to cancel a pending transaction, you can do so by following these steps:
NOTE: WARNING: Coinbase CANNOT cancel transactions once they are initiated. Please be sure to double-check all details before sending and make sure you are sending funds to the correct address. If you make a mistake, Coinbase cannot help you recover your funds.
1. Log into your Coinbase account and go to the Dashboard.
2. Find the pending transaction in the list of recent transactions.
3. Click on the cancel button next to the pending transaction.
4. Confirm that you want to cancel the transaction.
Once you have canceled a pending transaction, your funds will be returned to your wallet immediately. You will then be able to use those funds for another purchase or withdrawal.
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If you’re looking to cash out your Bitcoin, you’re in luck. Coinbase allows its users to withdraw their Bitcoin instantly. Here’s how it works:
Once you’ve chosen the amount of Bitcoin you’d like to withdraw, simply click on the “Withdraw” button.
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