A Bitcoin transaction cannot be reversed, it can only be refunded by the person receiving the funds . This means you should take care to do business with people and organizations you know and trust, or who have an established reputation.
Read moreCan you withdraw money from Blockchain?
Users are now able to withdraw money from their Wallet after first selling them in exchange for money . This will allow them to deposit the money in their bank account depending on which bank you are using.12 Mar 2022
Read moreHow do I undo a transaction in Blockchain?
A Bitcoin user can’t reverse a Bitcoin transaction after confirmation . However, they can cancel a transaction if unconfirmed. A Bitcoin transaction is unconfirmed if the blockchain doesn’t approve it within 24 hours. Miners must confirm every transaction via the mining process.
Read moreCan I withdraw from Blockchain to my bank account?
Not possible . Blockchain is a technology, not money. So, you cannot transfer it to your bank account. You can transfer your cryptocurrencies in your bank account, subject to, whether your bank accepts cryptocurrencies or not.
Read moreIs blockchain a reputable company?
Please do not use Blockchain.com to do business online, do not create a wallet using their tools, and do not trust them to prevent hackers or scammers from using their service to steal your cash . They have allowed it once, and they will enable it again and again. Do not use their service.
Read moreCan I get my money back from blockchain?
No, we’re unable to cancel or reverse your transaction . Even many advanced cryptocurrency users can recall an incident when they failed to double-check their transaction details and they accidentally sent funds to the wrong recipient, or sent the wrong amount.
Read moreHow safe is blockchain app?
Blockchain wallets are one of the safest wallets you can use. personally thats all I use and recommend. Blockchain wallets use public and private key encryption to secure data and all transactions .
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