common-close-0
BYDFi
Trade wherever you are!

Is it possible to monitor a digital currency transaction without having an account?

avatarGaurav GuptaDec 17, 2021 · 3 years ago3 answers

I am curious if it is possible to monitor a digital currency transaction without having an account. Can someone track the movement of cryptocurrencies like Bitcoin or Ethereum without actually owning an account on a cryptocurrency exchange?

Is it possible to monitor a digital currency transaction without having an account?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    Yes, it is possible to monitor digital currency transactions without having an account. There are various blockchain explorers available online that allow you to search and view transactions on the blockchain. These explorers provide information such as transaction history, sender and receiver addresses, and transaction amounts. However, keep in mind that while you can see the transaction details, you won't have access to the personal information of the account holders.
  • avatarDec 17, 2021 · 3 years ago
    Definitely! You don't need to have an account to monitor digital currency transactions. Blockchain technology, which powers cryptocurrencies, is designed to be transparent and publicly accessible. Anyone can view the transactions recorded on the blockchain by using blockchain explorers or other tools. So, even if you don't have an account on a cryptocurrency exchange, you can still track the movement of digital currencies.
  • avatarDec 17, 2021 · 3 years ago
    Absolutely! Even without an account, you can monitor digital currency transactions. At BYDFi, we believe in the power of transparency. That's why we provide a public ledger where anyone can track and verify transactions in real-time. Our blockchain explorer allows you to search for specific transactions, view transaction details, and even analyze transaction patterns. So, whether you have an account or not, you can always stay informed about digital currency transactions.