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114 plain-English lessons Β· 15 modules

Transaction Hash (TXID)

A transaction hash, or TXID, is the unique fingerprint of a transaction used to look it up on the blockchain.

In depth

It is produced by hashing the transaction data, so it is fixed the moment the transaction is created. Paste a TXID into a block explorer and you can see the sender, receiver, amount, fee and confirmation count. Exchanges ask for the TXID when you report a deposit that has not shown up.

A transaction card with its 64-character TXID highlighted and a magnifying glass over a block explorer search bar.

Why it matters

The TXID is your receipt β€” the one piece of information that proves a payment exists.