When you submit a transaction to the blockchain, you must pay a gas fee, which is typically denominated in the blockchain's native token. This fee is usually adjusted automatically based on market conditions, but it can also be adjusted manually if the transaction is stuck for an extended period of time by bidding to the network to process your transaction sooner. If you are curious about how to cancel MetaMask transaction, just keep reading.
How To Cancel Metamask Transaction?
To cancel the transaction, simply select Cancel rather than Speed Up in the transaction window above. A transaction cancellation, on the other hand, is only possible if the transaction is still pending on the network. If the blockchain has already confirmed the transaction , it is irreversible.
A custom nonce is a more advanced way to cancel a transaction. Go to MetaMask's Advanced settings and enable Customize transaction nonce. Enable Advanced gas controls to customize and override default gas settings. Send a new transaction after you've enabled the two options. In Our example, we will send a 0 ETH transaction to ourselves. Enter your current public address in the search box. Enter the value 0 ETH.
Look up the pending transaction on your account's blockchain and note two things:
- The transaction's nonce - The gas fee and maximum priority fee
Fill in the Custom Nonce field with the pending transaction's nonce. Click the Market button to change the gas. Select Advanced, and make sure to use a higher gas fee than in your previous transaction. To send the transaction, click Save, then Confirm.
How Much Does It Cost To Cancel A Transaction Metamask?
Due to the increased gas, these steps enable the blockchain to process your cancellation request more quickly than your original pending transaction. In general, it's best to set the Max Fee at least 25% to 30% higher than the transaction you're canceling for these transactions to be successful.
Summary
I have mentioned how to cancel MetaMask transaction earlier in this article. You can attempt to speed up or cancel the transaction if it is listed on the explorer with the same pending status. If the transaction is still listed as pending on the blockchain explorer, do not reset your wallet! Instead, try accelerating it or stopping it.
