How to Cancel Pending Transactions on MetaMask in 2023

Canceling a pending transaction on MetaMask in 2023 is possible if the transaction has not been confirmed on the Ethereum blockchain. 

In this blog post, we’ll show you the steps for canceling a pending transaction on MetaMask in just a few minutes. We’ll walk you through everything from identifying the pending transaction, to actually canceling it. So don’t wait any longer – read on to learn how to cancel your pending transaction on MetaMask in 2023.

Open MetaMask

To cancel a pending transaction on MetaMask, the first step is to open the MetaMask application. This can be done by clicking on the MetaMask icon in your web browser’s toolbar. Once the application is open, you’ll be prompted to enter your MetaMask password or passphrase. This is an important security measure to ensure that only authorized users can access and modify transactions on your MetaMask wallet. So go ahead, open up MetaMask, and let’s get started on canceling that pending transaction!

Access Pending Transactions

Accessing pending transactions on MetaMask is a crucial step in canceling them. After opening the MetaMask application and entering your password or passphrase, you’ll need to navigate to the section where pending transactions are displayed. This can usually be found under the “Transactions” tab or a similar name. Once you’ve accessed this section, you’ll have a clear view of all the transactions that are currently pending. From here, you can proceed to locate the specific transaction you wish to cancel. Let’s dive in and learn how to easily access your pending transactions on MetaMask in 2023.

Locate the Pending Transaction

Once you’ve accessed the section where pending transactions are displayed in MetaMask, it’s time to locate the specific transaction you want to cancel. Take a moment to scan through the list of pending transactions and find the one that matches the details of the transaction you wish to cancel. Look for key information such as the recipient’s address or the amount of cryptocurrency involved. Once you’ve identified the transaction, you’re ready to move on to the next step and view its details.

View Transaction Details

Now that you’ve located the pending transaction you want to cancel, it’s time to dive into the details. By viewing the transaction details, you can confirm that it’s the correct one and gather any additional information you may need. Look for key details such as the transaction ID, gas price, and estimated completion time. This information will help you make an informed decision about whether to cancel the transaction or not. So take a moment to view the transaction details and let’s proceed to the next step in canceling your pending transaction on MetaMask in 2023.

Tips to Avoid Pending Transactions on MetaMask 

Tips to Avoid Pending Transactions on MetaMask:

• Double-check the recipient’s address before sending any transaction.
• Verify the gas price and estimated completion time to ensure timely processing.
• Make sure you have enough funds in your wallet to cover the transaction.
• Avoid network congestion by checking the gas fees before initiating a transaction.
• Consider adjusting the gas limit to prioritize faster confirmation times.
• Keep an eye on transaction statuses to detect any potential issues early on.
• Stay updated with the latest version of MetaMask to benefit from improved features and security measures.

By following these tips, you can minimize the chances of encountering pending transactions on MetaMask and have a smoother experience with your cryptocurrency transactions.

Read Also: Can I Refinance a Car Loan with the Same Bank?

FAQS

How do I cancel a pending MetaMask transaction?

You can cancel a pending MetaMask transaction in two ways:

• In-app cancellation:
  1. Open MetaMask and go to the Activity or Transactions tab.
  2. Find the pending transaction you want to cancel.
  3. Look for the Cancel button next to the transaction.
  4. Click on the Cancel button.
  5. A confirmation window will appear, asking if you are sure you want to cancel the transaction. Review the details and click Confirm to proceed with the cancellation.
• Overwriting the transaction:
  1. Enable Customize transaction nonce in MetaMask’s Settings > Advanced.
  2. Send a new transaction to yourself, meaning your MetaMask public address.
  3. Set the nonce to the same nonce as the transaction that is still pending.
  4. Make sure to set the gas limit comparable to or slightly higher than your original transaction.
  5. Additionally, set the priority fee (in Gwei) to at least 10% higher than the gas fee of the original pending transaction.
  6. Adjust the max fee to be at least 30% higher than the max fee of the transaction you’re replacing.

Note that you can only cancel a pending transaction if it is still pending on the network. Transactions that have already been confirmed cannot be reversed.

Can pending transaction be Cancelled?

Yes, pending transactions can be canceled, but only if they are still pending on the network. Transactions that have already been confirmed cannot be reversed.

How long can a pending transaction stay pending?

The length of time a pending transaction can stay pending depends on a number of factors, including the network congestion, the gas price, and the size of the transaction. In general, pending transactions should be confirmed within a few minutes to a few hours. However, there are cases where transactions can stay pending for longer periods of time.

What can I do if my transaction is pending?

If your transaction is pending, there are a few things you can do:

• Wait. Sometimes, pending transactions can take a few minutes to confirm.
• Increase the gas price. If the gas price is too low, your transaction may not be prioritized by miners.
• Use a different network. If you are using the Ethereum mainnet, you can try using a different network, such as Polygon or Binance Smart Chain.
• Contact customer support. If you have tried all of the above and your transaction is still pending, you can contact customer support for help.

Why is my pending transaction still pending?

There are a number of reasons why a pending transaction might still be pending. Here are a few of the most common reasons:

• The network is congested. When the network is congested, it can take longer for transactions to be confirmed.
• The gas price is too low. If the gas price is too low, your transaction may not be prioritized by miners.
• The transaction is too large. Large transactions can take longer to confirm.
• There is a problem with the transaction. There may be a problem with the address you are sending the transaction to, or the amount you are sending may be too low.

If you are not sure why your pending transaction is still pending, you can contact customer support for help.

Conclusion 

In this blog post, we’ve covered the steps to cancel a pending transaction on MetaMask in 2023. We started by opening the MetaMask application and accessing the section where pending transactions are displayed. Then, we located the specific transaction and viewed its details to make an informed decision. Additionally, we provided helpful tips to avoid pending transactions on MetaMask in the future. By following these steps and tips, you can confidently navigate the world of cryptocurrency transactions and ensure a smoother experience on MetaMask. Now you’re equipped with the knowledge to cancel pending transactions on MetaMask – happy canceling!