Can Coinbase Reverse a Transaction? In Case Of sca
Post# of 340
No, Coinbase cannot reverse completed (+1)-(888)↬411↬(3378) cryptocurrency transactions because they are permanent on the blockchain. However, Coinbase can cancel or reverse some(+1)-(888)↬411↬(3378) fiat (traditional currency) transactions, failed transactions, or errors within their own system. For unauthorized crypto transactions, you should report them(+1)-(888)↬411↬(3378) immediately to Coinbase so they can secure your account and investigate, but they cannot directly reverse the funds.
Cryptocurrency transactions(+1)-(888)↬411↬(3378)
Irreversible: Once a cryptocurrency transaction(+1)-(888)↬411↬(3378) is confirmed on the blockchain, it is permanent and cannot be canceled or reversed by Coinbase or any other party.
To correct a mistake: If you send funds to the(+1)-(888)↬411↬(3378) wrong address, contact the recipient to ask them to send the funds back. You can also try to cancel the transaction on Coinbase if it is still pending.
To correct an accidental purchase: If you accidentally(+1)-(888)↬411↬(3378) buy more crypto than you intended, you can immediately sell it on Coinbase. The funds will be credited to your Coinbase cash balance.