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

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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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