Cryptocurrency Q&A
What happens if a crypto transaction fails?
What happens if a crypto transaction fails?
benjamin_cole_nurse
Sun Apr 27 2025
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6
answers
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I'm wondering about the consequences of a failed cryptocurrency transaction. What are the possible outcomes if, for some reason, a crypto transaction doesn't go through as expected?
6 answers
Martina
Tue Apr 29 2025
When sending a transaction and it fails to process, the primary reason could be due to insufficient gas.
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Federico
Tue Apr 29 2025
In the context of blockchain transactions, "gas" refers to the computational power required to execute a transaction or a smart contract.
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WhisperEcho
Mon Apr 28 2025
Every transaction has an associated gas cost, which is determined by the complexity of the operation being performed.
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EmilyJohnson
Mon Apr 28 2025
This gas cost, when multiplied by the current gas price set by the user, results in a total fee payable in the network's native currency.
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HanbokGlamourQueenElegance
Mon Apr 28 2025
If this total fee exceeds the balance of the native currency in your wallet, the transaction will fail, essentially because you have "run out of gas."
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