Is there a non-destructive backspace key available for an iPhone 16 Pro?

Press/Hold the space bar and then slide to the left to position the cursor wherever you want it.

"Is there a non destructive backspace key available for the iPhone 16 pro?: Recent convert from android here where there were similar keyboard keys."

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Use Assistive Touch:

Control things like time for response time. Go here: Adjust how iPhone Responds to your Touch - Apple Support