How to cancel a transaction?
If you want to cancel a transaction, you can use the "Cancel transaction" feature. Please note that a cancellation can only be attempted if the transaction is still pending on the network. Once a transaction has been confirmed on blockchain, it cannot be reversed.
When to cancel a transaction?
You can cancel the transaction in the following situations:
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Stuck Transactions: Occasionally, transactions can get stuck in a pending state for an extended period due to network congestion or other technical issues.If a transaction remains unconfirmed for a long time, you may consider canceling the transaction and initiating a new one.
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Accidental Submission: If you accidentally submit a transaction with incorrect information or select the wrong recipient, you can cancel the transaction to prevent the loss of assets.
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Change of Plans: You may change your mind or no longer want to initiate a transaction. At this time, pending transactions can be canceled to avoid unwanted asset transfers.
How to cancel a pending transaction?
Follow these steps to cancel a pending transaction:
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Visit console.mpcvault.com.
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Enter any vault and navigate to the "Transactions" page.
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In the pending module, locate the transaction you want to cancel, click the three dots menu on the right, and then click the "Cancel transaction" button.
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Confirm the information in the pop-up window and click on the "Create signing request".
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Return to the MPCVault app and sign the signing request you have just generated as soon as possible.
