Is it possible to track the transaction when sending bitcoins from Coinbase to Electrum?
Hammond McGrathDec 25, 2021 · 3 years ago3 answers
I'm wondering if it's possible to track the transaction when sending bitcoins from Coinbase to Electrum. Can someone provide some insights on this? Is there any way to trace the transaction and see its progress?
3 answers
- Dec 25, 2021 · 3 years agoYes, it is possible to track the transaction when sending bitcoins from Coinbase to Electrum. Both Coinbase and Electrum provide transaction history and tracking features. You can easily monitor the progress of your transaction by checking the transaction ID and using blockchain explorers like Blockchair or Blockchain.com. These explorers allow you to view the transaction details, including the number of confirmations and the current status of the transaction. Keep in mind that while the transaction can be tracked, the identities of the sender and recipient remain anonymous.
- Dec 25, 2021 · 3 years agoAbsolutely! When you send bitcoins from Coinbase to Electrum, the transaction is recorded on the blockchain, which is a public ledger. This means that anyone can view the transaction details and track its progress. You can use blockchain explorers or even the Electrum wallet itself to monitor the transaction. Just enter the transaction ID or the recipient's address, and you'll be able to see the transaction's status, confirmations, and other relevant information. It's important to note that while the transaction can be tracked, the actual identities of the sender and recipient are pseudonymous, providing a certain level of privacy and security.
- Dec 25, 2021 · 3 years agoYes, it is possible to track the transaction when sending bitcoins from Coinbase to Electrum. Both Coinbase and Electrum are reputable platforms that offer transaction tracking features. Coinbase provides a transaction history page where you can view the details of your outgoing transactions, including the transaction ID. Electrum, on the other hand, allows you to track your transactions directly within the wallet interface. Simply enter the transaction ID or the recipient's address, and you'll be able to see the progress of your transaction. Additionally, you can use blockchain explorers like Blockchair or Blockchain.com to get a more detailed view of the transaction on the blockchain. Overall, tracking your transaction from Coinbase to Electrum is definitely possible and can provide you with peace of mind.
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