Transaction ID (TXID)

Modified on Thu, Jul 31 at 6:38 PM

A Transaction ID (TXID) is a unique identifier assigned to each transaction on the blockchain. It allows users to track the status and confirmations of Bitcoin transfers through blockchain explorers.


An alphanumeric string labels each transaction within the coin's blockchain. This differs from trade IDs, which are only associated with trades made within the Paxful marketplace for receiving cryptocurrencies. In comparison, TXIDs are recorded over the blockchain and work within the wallet for a Bitcoin trade.


Example:
9a2468889936b87b8d64211e1d2a36afebff6c73eaa8fa4a849cfe099076e723



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