Why crypto transactions can’t be reversed
Once a crypto transaction is confirmed, it’s permanent.
Once a crypto transaction is confirmed, it’s permanent. Unlike bank transfers or credit card payments, you can’t cancel or dispute it.
Why?
- There’s no central authority to reverse them
- The blockchain permanently records confirmed transactions
- The network must agree before a transaction is finalized
This protects users from fraud, but it also means mistakes can’t be undone.
Before you send crypto, double-check the recipient details. It only takes a second, and it can prevent a permanent mistake.