If you need support from Yola please contact us via email@example.com or make use of our live chat service! We are working on a new approach to community-based support and during this transition period we are not adding any new threads to this forum. Many thanks to everyone who has participated over the years and we look forward to unveiling a new peer-to-peer support system soon!
Wix does not support domain transfers. I checked their current documentation and this still appears to be the case. Their support information states: "Transferring your domain name to Wix: You cannot transfer your domain name (purchased elsewhere) to Wix.."
It is not possible to "cancel" a domain and repurchase the same domain. You would either need to transfer it or wait for it to expire, go through the release process and then attempt to repurchase it. Allowing a domain to expire is very risky as you could lose it permanently, so we definitely do not recommend this. You could try pointing the domain and Wix would need to assist you with this.
We would very much like the opportunity to assist you with making a success of your domain as well as your site, so if we can help you make this work with Yola, please let us know.