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    Finding A Cryptocurrency Transaction ID (TXID) : What Is A Bitcoin Account?

    Uploaded by

    Micka Ellah
    The document provides instructions for finding a cryptocurrency transaction ID (TXID) after sending a payment from Wirex to an external crypto address. It explains that transaction details are recorded on the blockchain and given a TXID. It outlines steps to search the blockchain using the crypto address or amount sent to locate the specific transaction and view the TXID in the transaction details.

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    Finding A Cryptocurrency Transaction ID (TXID) : What Is A Bitcoin Account?

    Uploaded by

    Micka Ellah
    102 views3 pages
    The document provides instructions for finding a cryptocurrency transaction ID (TXID) after sending a payment from Wirex to an external crypto address. It explains that transaction details are recorded on the blockchain and given a TXID. It outlines steps to search the blockchain using the crypto address or amount sent to locate the specific transaction and view the TXID in the transaction details.

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    Finding-a-cryptocurrency-transaction-ID

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    The document provides instructions for finding a cryptocurrency transaction ID (TXID) after sending a payment from Wirex to an external crypto address. It explains that transaction details are recorded on the blockchain and given a TXID. It outlines steps to search the blockchain using the crypto address or amount sent to locate the specific transaction and view the TXID in the transaction details.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    102 views3 pages

    Finding A Cryptocurrency Transaction ID (TXID) : What Is A Bitcoin Account?

    Uploaded by

    Micka Ellah
    The document provides instructions for finding a cryptocurrency transaction ID (TXID) after sending a payment from Wirex to an external crypto address. It explains that transaction details are recorded on the blockchain and given a TXID. It outlines steps to search the blockchain using the crypto address or amount sent to locate the specific transaction and view the TXID in the transaction details.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 3

    Finding a cryptocurrency

    transaction ID (TXID)
    Region: Europe

    Once you've sent a crytpocurrency payment from Wirex to an external


    crypto address, transfer details (such as amount of crypto sent, sending/receiving
    crypto address, the date of transfer) can be found on the blockchain. This information
    is then publicly available and given its own transaction ID - or TXID. TXIDs are also
    sometimes referred to as hashes or transaction hashes. 
    At times, the recipient of your cryptocurrency transfer may request this transaction ID
    from you - typically to confirm you've sent the payment successfully. This transaction
    ID is safe to share: no personal information is sent from your Wirex account to the
    blockchain.
    How to find the transaction ID

     Visit blockchain.info or an alternative public blockchain explorer to view and search all


    previous crypto payments made on the blockchain.
     In the 'Search' area, you'll need to enter information that is specific to your
    crypto transaction. This is usually the crypto address you made the payment to.
     When you select 'search', all crypto transactions that involve that address will be
    displayed, newest to oldest.
     The easiest way to navigate to your particular transaction is to use your browser's
    'Find' feature to search for the exact crypto amount you sent. This is usually under 'Edit >
    Find', or you can use the keyboard shortcut Command + F (macOS) or Control + F
    (Windows).
     Once you have located your transaction, the transaction ID is displayed as a long
    string of letters and numbers in the grey bar above the transaction amount
     To view the full details of the crypto payment, click the transaction ID link.

    What is a bitcoin account?


    Although the term is used widely by crypto-newbies, there is no such thing as a ‘Bitcoin
    account’ per-say. On the contrary, Bitcoin is a decentralized digital currency, meaning
    that you will not have an account with a third-party entity. Instead, you can invest in
    Bitcoin by making a purchase from a cryptocurrency exchange such as Bitcoin
    Up & Bitcoin Era, and then withdrawing your coins to a private wallet. This allows you to
    retain full ownership of your Bitcoin, as opposed to entrusting a middleman.

    It is also important to note that you can open a Bitcoin account with a CFD broker. For
    those unaware, a CFD allows you to speculate on the future price of an asset without
    actually owning it.

    With Bitcoin now a multi-billion dollar asset, you can now invest in the digital currency
    via a CFD. In doing so, you’ll be using a heavily regulated broker and thus – there is no
    need to worry about having your Bitcoin hacked from your private wallet.

    Best btc account providers

    So now that you know what a Bitcoin account actually is, in this section we are going to
    explore the best platforms to open one with, and how to setup a bitcoin account in a few
    simple steps. Take note, both of the following brokers facilitate the buying and selling of
    CFDs, so you won’t need to store your coins in a private wallet.

    Instead, your investment remains with the regulated broker at all times, meaning that
    you can buy Bitcoin or sell it at the click of a button. You’ll also be able to view the
    current market value of your Bitcoin account with ease.
    https://paxful.com/blog/online-to-hardware-wallet-bitcoin-transfer/

    https://coinguides.org/transaction-id-txid-tx-hash/

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