Cancel Unconfirmed Bitcoin Transaction1

How to Cancel Unconfirmed Bitcoin Transaction in Blockchain?

Sometimes while transacting in Bitcoin through Blockchain the transactions remains unconfirmed and goes in pending mode, where you become undecided whether wait for the confirmation or cancel the transaction. And after canceling the transaction you can again try the transaction again.

Actually, an unconfirmed bitcoin transaction occurs when a given transaction fails to receive a confirmation on the blockchain within 24 hours. And all bitcoin transactions must be confirmed by miners. They need a minimum of three confirmations to be considered fully confirmed. If you need any help to contact Bitcoin customer service.

Reasons for Unconfirmed Bitcoin Transaction on Blockchain:

If you have recently done the transaction, you should to wait a little longer before receiving confirmation. Presently, it takes at least 10 minutes to confirm a BTC transaction.

Secondly, the fee for the transaction was not entirely included or was too low. One simple rule applies when it comes to bitcoin transactions: the smaller the amount, the lower its chances of a successful confirmation.

Also Read: How to Buy Bitcoin With a Credit Card on Binance?

how to cancel unconfirmed bitcoin transaction

However, if you choose too minimal a transaction fee, it may not get confirmed by miners. If, after 24 hours, your transaction remains unconfirmed, you can follow given below the steps to avoid such problems to deal with if your Bitcoin transactions becomes failed.

Steps to Cancel Unconfirmed Bitcoin Transaction:

Step 1: First of all create a backup of wallet.dat.

Step 2: Now launch your wallet program.

Step 3: Here make sure that you run the program with “-zapwallettxes” feature turned on.

Step 4: Now go to the options menu Pick the field that allows you to delete all the hanging or stuck transactions that aren’t involved with the Blockchain.

Step 5: Here you have to wait for a lengthy period of time while the system performs a rescan.

Step 6: Now before the next time you launch your wallet, delete the extra feature; Voila, you’re done.

If you perform these steps, you’ll have a chance to create a new transaction using your previously unspent currency. Only now will you be able to raise the fees so that this time your transaction is confirmed. Actually, this process means is that you’re spending the same coins twice, with the second deal canceling out the first one. So, make sure not use the same coin for next transaction.

Also Read: How To Fix Bitcoin Wallet Not Synchronizing With Network Issue?

Call Blockchain Customer Support Number for Transactions Issues

If these steps are not helpful or you failed to cancel the transactions, you can take help from experts. As these experts can easily find out what is the exact reason behind your unconfirmed transactions on Blockchain. And to get online help call at Blockchain contact number and you will get the online help at your desk to resolve your Bitcoin transaction related issues with complete privacy.

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