Definition of transaction identification in cryptocurrency

[magnus2022]

Transaction identification is a series of numbers and letters generated when there is a cryptocurrency transaction. It is digital receipt that a blockchain generated once a transaction occurs. Transaction id can help to track and check the authentication of a transaction. Transaction id is very unique that there is never the same id ever generated in the same blockchain.

 

[Suba]

Transaction identification in cryptocurrency is known as transaction Hash or txid, we can get this transaction hash from a crypto wallet or crypto exchange where we make crypto transactions. When you are going to check a transaction, you only need to copy paste the transaction hash, in the explorer and you will get complete information.