Cryptocurrency Q&A What does "dropped" mean on Coinbase Wallet?

What does "dropped" mean on Coinbase Wallet?

CryptoTamer CryptoTamer Thu Jan 02 2025 | 7 answers 1349
I'm trying to understand a transaction on my Coinbase Wallet and I noticed the term 'dropped' next to a certain amount. I'm not sure what this 'dropped' means in this context. Can someone explain? What does "dropped" mean on Coinbase Wallet?

7 answers

Michele Michele Sat Jan 04 2025
When a transaction fails to propagate through the network, it ceases to be relayed by the nodes.

Was this helpful?

348
71
CharmedFantasy CharmedFantasy Fri Jan 03 2025
This cessation leads to the transaction not undergoing any further processing.

Was this helpful?

77
29
InfinityEcho InfinityEcho Fri Jan 03 2025
Similarly, any gas fees incurred during the attempt are also refunded to the sender.

Was this helpful?

139
96
Elena Elena Fri Jan 03 2025
BTCC, a prominent cryptocurrency exchange, offers a range of services.

Was this helpful?

107
83
Maria Maria Fri Jan 03 2025
Consequently, the transaction does not gain entry into the blockchain.

Was this helpful?

129
31
Load 5 more related questions

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts