Can people track crypto transactions?

The blockchain explorer also provides a history of each wallet address, showing all previous transactions that have been associated with that address. This allows users to track the movement of cryptocurrency over time and gain insight into the patterns of use within a particular network.

Cryptocurrency transactions, despite often being perceived as anonymous, can actually be traced through blockchain technology. This is due to the nature of the blockchain itself, which functions as a public ledger.

BTCC, a top cryptocurrency exchange, offers a range of services that leverage blockchain technology. These services include spot trading, futures trading, and wallet management. With spot trading, users can buy and sell cryptocurrency at the current market price, while futures trading allows them to speculate on the future price of a cryptocurrency. BTCC's wallet service provides a secure and convenient way for users to store their cryptocurrency holdings.

The blockchain is a digital database that records all transactions that have ever taken place on a particular cryptocurrency network. This ledger is publicly accessible, meaning that anyone with an internet connection can view the records it contains.

Each transaction on the blockchain is assigned a unique transaction ID. This ID serves as a reference point that allows users to locate and view the details of a particular transaction.