How do I fix or recover unconfirmed Bitcoin transactions?

An unconfirmed Bitcoin transaction can be fixed in two ways: by using “replace-by-fee or RBF protocol” or “higher fee double-spend transaction.”

A Bitcoin transaction cannot be reversed once it has been confirmed. But, can you cancel unconfirmed Bitcoin transactions? Yes, unconfirmed BTC transactions can be canceled if the blockchain does not approve a Bitcoin transaction within 24 hours. It is considered unconfirmed until at least three miners do not confirm every transaction via the mining process. If you don’t get a confirmation within this time, you can cancel your transaction.

You can broadcast a Bitcoin transaction to the entire network a second time using the RBF Protocol, but for a higher price. As a result, miners can choose the transaction more quickly, canceling the previous transaction and starting a new one.

Your Bitcoin wallet, on the other hand, might not support the RBF Protocol. As a result, check first to see if this is something your wallet will allow you to do. When sending Bitcoin, you can choose this option to ensure that you can utilize it if necessary.

If your wallet doesn’t support the RBF Protocol, use the double-spend option instead; that is, create a new transaction with a similar amount. This implies you’ll have to send your Bitcoin transaction a second time, this time with a greater fee. Miners will, in most situations, accept the new transaction and return the old one.