How to Cancel Pending Transaction on MetaMask in Nigeria 2024.

Understanding Pending Transactions in Nigeria

When you initiate a transfer on MetaMask wallet, it goes through the following stages:

Submitted – Transaction is broadcasted to the Ethereum network.
Pending – Transaction is in the pool awaiting confirmation.
Confirmed – Transaction is included in a block.

A pending status means the transaction is sent to the network but not yet verified and added to the blockchain via mining. It remains in a pending state until confirmation.

In Nigeria, two major factors cause transactions to be stuck in MetaMask wallets:

Low gas fees – Transactions with inadequate gas get ignored by miners.
Network congestion – Heavy traffic delays confirmation of transactions.

During peak hours, transaction volumes overwhelm the Ethereum network capacity in Nigeria. This leads to transaction queues and delays.

Risks of Pending Transactions in Nigeria

Leaving transactions in a pending state for too long has certain risks:

Failed transactions – Stuck transactions eventually fail after some time.
Frozen funds – Inaccessible funds due to transfer not going through.
Missed opportunities – Time-sensitive transactions may get blocked.
Stuck nonce – Other transactions also get blocked if nonce is occupied.

Moreover, constantly resending the transaction with higher gas fees to push it faster will result in excess costs. Hence it is best to cancel stuck transactions on MetaMask in Nigeria.

Step 1 – Check Transaction Details

To cancel a pending transaction on MetaMask in Nigeria, first:

Open your MetaMask wallet and go to ‘Activity’.
Locate the transaction marked ‘Pending’.
Click on it to view gas fee, nonce and other details.
Note down the transaction hash.

Analyzing these details will give you an idea of why the transaction is stuck.

Step 2 – Speed Up or Cancel Transaction

Based on the transaction details, you have two options to resolve the stuck transfer:

Speed Up – Resend transaction with higher gas fees.
Cancel – Revoke the transaction completely if no longer needed.

Click on ‘Speed Up’ or ‘Cancel’ on the pending transaction in MetaMask. Speeding up requires you to re-submit the transaction with higher gas fees to incentivize faster mining.

Step 3 – Unlock Wallet

Before taking any action, you need to first unlock your MetaMask wallet by:

Clicking the 3 dots on the wallet overview.
Clicking on ‘Unlock Wallet’.
Entering your wallet password.
Clicking the ‘Unlock’ button.

This decrypts your wallet allowing you to sign further transactions.

Step 4 – Cancel Transaction

After unlocking wallet, follow these steps:

Go to the pending transaction and click ‘Cancel’.
A popup will show transaction details. Click ‘Cancel Transaction’.
MetaMask will generate a new transaction to cancel the original one.
Submit this cancellation transaction to revoke the pending transfer.

That’s it! The stuck transaction will be cancelled and your frozen funds released.

Step 5 – Confirm Cancellation

To confirm if cancellation went through successfully:

Go to ‘Activity’ tab in MetaMask.
The old transaction should show as ‘Cancelled’.
You may see an additional transaction for cancelling the transfer.

If the old transaction still shows as pending, the cancellation did not go through. Redo the process.

How Long Does Cancellation Take?

After submitting cancellation transaction, it takes 1-2 blocks i.e. 5-10 minutes to be confirmed in Nigeria. The original transaction then disappears from the mempool.

In rare cases, cancelling very old pending transactions may take longer. Check back after a few hours if still unconfirmed.

Tips to Avoid Stuck Transactions in Nigeria

You can follow these tips to avoid stuck transactions on MetaMask in Nigeria:

Always use optimal gas fees as per network conditions.
Set higher gas limits if transferring large amounts.
Consolidate multiple payments into one transaction.
Avoid making transactions during peak network usage hours.
Disable Multi-hour transactions on MetaMask.

Taking these measures will reduce likelihood of transactions getting stuck.

FAQs On How to Cancel Pending Transaction on MetaMask in Nigeria 2024.

How to Cancel Pending Transaction on MetaMask in Nigeria 2024.

1. Does cancelling refund gas fees in Nigeria?

No, gas fees are not refunded when a transaction is cancelled. Cancellation transaction also costs some gas.

2. Can I customize gas price for cancelling transaction?

Yes, you can edit the gas fees for cancellation based on optimal gas price at that time.

3. What if the cancellation transaction also gets stuck in Nigeria?

You have to keep increasing the gas price and re-sending the cancellation transaction until it succeeds.

4. How long should I wait before cancelling transaction in Nigeria?

Experts recommend waiting at least 12-24 hours before attempting to cancel a pending transaction.

5. Will a recipient still receive tokens if I cancel midway in Nigeria?

No, if you cancel a transaction midway the recipient will not receive any funds or tokens.

6. Can I cancel transactions from hardware wallets in Nigeria?

No, cancelling transactions is currently not supported on hardware wallets like Trezor or Ledger.

7. What happens if I resend a cancelled transaction in Nigeria?

Resending a cancelled transaction will simply process the transfer again with a new nonce.

8. Can I cancel transactions that are already confirmed in Nigeria?

No, once confirmed, transactions on the blockchain cannot be cancelled or reversed.

9. Is there any limit on how many pending transactions I can cancel in Nigeria?

No, you can cancel as many pending transactions from your MetaMask wallet in Nigeria as required.

10. Will cancelling a transaction also revoke any associated token allowance?

Yes, cancelling a transaction approval will also revoke allowance of tokens granted via that transaction.

11. Can I cancel transactions initiated from smart contracts in Nigeria?

Unfortunately no, transactions originating from smart contract interactions cannot be cancelled on MetaMask yet.

12. What is the best way to permanently reject a transaction in Nigeria?

Setting a low gas price like 1 Gwei ensures transactions never get mined. They will eventually expire from the mempool.

13. How do I find the optimal nonce after cancelling transactions in Nigeria?

The most reliable way is to let MetaMask auto-populate the nonce field based on your latest account state.

14. Will a cancelled transaction still show in my activity history in Nigeria?

Yes, cancelled transactions will show in your MetaMask activity/history marked with a ‘Cancelled’ tag.

15. Is cancelling transactions considered bad for the network in Nigeria?

If done occassionally it’s fine but repeatedly cancelling and resending transactions does negatively impact network efficiency.

Conclusion

Getting transactions stuck as ‘pending’ can be a common issue faced by MetaMask users in Nigeria due to network congestion and low gas fees.

Thankfully, the ability to cancel stuck transactions provides a handy solution. Follow the simple guide outlined here to safely cancel stuck transactions on MetaMask in Nigeria 2024.

After reading this blog you know about How to Cancel Pending Transaction on MetaMask in Nigeria 2024.