How to Cancel Pending Transaction on Trust Wallet in 2023

Have you ever sent a cryptocurrency transaction on Trust Wallet and it got stuck pending? It can be frustrating, especially if you need the funds to arrive quickly.

Trust Wallet is a non-custodial cryptocurrency wallet that allows users to store, send, and receive cryptocurrencies, as well as interact with decentralized applications (DApps). It is a mobile app that is available for both iOS and Android devices.

Trust Wallet is a popular choice for cryptocurrency users because it is easy to use, secure, and supports a wide variety of cryptocurrencies. It is also a non-custodial wallet, which means that users have full control over their private keys. This means that users are not required to trust a third party to hold their funds.

Here are some of the key features of Trust Wallet:

Supports over 4.5 million crypto assets
Non-custodial wallet, meaning users have full control over their private keys
Supports staking and DApps
Built-in DEX for swapping cryptocurrencies
Secure and easy to use

To use Trust Wallet, users simply need to create a wallet and then add the cryptocurrencies that they want to store. Users can then send and receive cryptocurrencies by providing their wallet address to the sender or recipient.

Trust Wallet is a good choice for cryptocurrency users of all experience levels. It is easy to use and secure, and it supports a wide variety of cryptocurrencies.

This blog post will cover How to Cancel Pending Transaction on Trust Wallet in 2023.

Causes Of Pending Transactions on Trust Wallet

There are a few reasons why a transaction might get stuck pending. One reason is that the gas fee you paid is too low. Miners prioritize transactions with higher gas fees, so if your gas fee is too low, your transaction may get stuck in the queue for a long time or even indefinitely.

Another reason why a transaction might get stuck pending is if the network is congested. This can happen during times of high traffic, such as when a new cryptocurrency project is launched or when there is a sudden spike in the price of a cryptocurrency.

If there is a problem with your Trust Wallet or the wallet of the recipient, it can also cause your transaction to get stuck pending. For example, if you are sending funds to an exchange that is not yet supporting the cryptocurrency you are sending, the transaction may get stuck pending.

Finally, a transaction can also get stuck pending if there is a problem with your wallet or the wallet of the recipient. For example, if you are sending funds to an exchange that is not yet supporting the cryptocurrency you are sending, the transaction may get stuck pending.

How to Cancel Pending Transaction on Trust Wallet in 2023.

Canceling a pending transaction on Trust Wallet is a relatively simple process, but it is important to note that it will incur a gas fee. Here is a step-by-step guide to help you through it:

Open the Trust Wallet app on your device and make sure you are connected to the internet.
Go to the Transactions tab. This will display a list of your recent transactions.
Locate the pending transaction that you want to cancel. Tap on it to open the transaction details.
Tap on the Cancel button.
Review the transaction details and tap on the Confirm button.
Wait for the confirmation message or notification. This will indicate that the cancellation was successful.

If the network is congested, you may need to set a higher gas fee in order for your cancellation transaction to be processed quickly. You can check the current gas prices on websites like Etherscan or EthGasStation.

FAQS

What is a pending transaction?

A pending transaction is a transaction that has been sent but has not yet been confirmed. This means that the transaction has not yet been processed by the blockchain network.

How do I cancel a pending payment on trust wallet?

To cancel a pending payment on Trust Wallet, you will need to create a new transaction with a higher gas fee. This will override the pending transaction and cancel it out.

Here are the steps on how to cancel a pending payment on Trust Wallet:

Open your Trust Wallet app and go to the Transactions tab.
Find the pending payment that you want to cancel and tap on it.
Tap on the Cancel button.
A new transaction will be created. Enter the recipient address, amount, and gas fee.
Tap on the Next button.
Review the transaction details and tap on the Confirm button.

If the network is congested, you may need to set a higher gas fee in order for your cancellation transaction to be processed quickly.

How do I cancel a pending crypto transaction?

The steps for canceling a pending crypto transaction will vary depending on the wallet or exchange you are using. However, the general process is the same as canceling a pending payment on Trust Wallet.

To cancel a pending crypto transaction, you will need to create a new transaction with a higher gas fee. This will override the pending transaction and cancel it out.

How do I delete a transaction on trust wallet?

You cannot delete a transaction on Trust Wallet. Once a transaction has been sent, it cannot be undone. However, you can cancel a pending transaction using the steps above.

Why is my bitcoin transaction pending for so long?

Network congestion is one of the main causes of transaction delays. Miners have a larger pool of transactions to process when the network is experiencing high transaction volumes. As a result, it can take a while for your transaction to be confirmed and included to a block.

Can I cancel a pending transaction on Trust Wallet if it is already on the blockchain?

No, you cannot cancel a pending transaction on Trust Wallet if it is already on the blockchain. Once a transaction has been confirmed by the blockchain network, it cannot be reversed.

Conclusion

Canceling a pending transaction on Trust Wallet is a simple process if you closely follow the steps listed above, but it is important to note that it will incur a gas fee. If you are unable to cancel a pending transaction, you can contact Trust Wallet support for assistance.