What is the best way to verify the txid of a digital currency transaction?

3 answers

• Dec 16, 2021 · 3 years ago
  The best way to verify the txid of a digital currency transaction is to use a blockchain explorer. These online tools allow you to search for a specific transaction by its txid and view its details, including the sender, recipient, and the amount transferred. By checking the transaction details on a blockchain explorer, you can ensure that the txid is valid and that the transaction has been successfully recorded on the blockchain.
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• Dec 16, 2021 · 3 years ago
  One way to verify the txid of a digital currency transaction is to use the official wallet or client software provided by the digital currency network. These wallets usually have a transaction history feature that allows you to search for a specific transaction by its txid. By using the official wallet or client software, you can ensure that the txid is valid and that the transaction is confirmed by the network.
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• Dec 16, 2021 · 3 years ago
  If you're using BYDFi, you can verify the txid of a digital currency transaction by going to the transaction history section on the platform. Simply enter the txid in the search bar and the platform will display the transaction details, including the sender, recipient, and the amount transferred. This allows you to verify the validity of the txid and ensure that the transaction has been successfully processed by BYDFi.
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