I accidentally sent a token to an incorrect address. What are the consequences of this mistake? Will I be able to retrieve the token, or is it lost forever? Is there any way to fix this issue?
7
answers
isabella_doe_socialworker
Mon Mar 31 2025
It ensures the security and integrity of the decentralized ledger.
Nicola
Mon Mar 31 2025
All transactions conducted on the blockchain are designed to be non-reversible.
CryptoLordGuard
Mon Mar 31 2025
Once a transaction has been verified and confirmed, it becomes permanent.
Daniele
Mon Mar 31 2025
There exists no mechanism to reverse or cancel a completed blockchain transaction.
BitcoinBaroness
Mon Mar 31 2025
Sending cryptocurrency to an incorrect address can indeed be a distressing situation.