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What is the query ID for a transaction in a digital currency exchange?

avatarSarahDec 25, 2021 · 3 years ago3 answers

Can you explain what the query ID is and how it is used in digital currency exchanges when it comes to transactions? I'm curious to know how this ID helps in tracking and verifying transactions in the exchange.

What is the query ID for a transaction in a digital currency exchange?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    The query ID for a transaction in a digital currency exchange is a unique identifier assigned to each transaction. It helps in tracking and verifying transactions within the exchange. This ID is generated by the exchange's system and is used to retrieve specific transaction details. It is an important component in ensuring the accuracy and security of transactions.
  • avatarDec 25, 2021 · 3 years ago
    When you make a transaction in a digital currency exchange, a query ID is assigned to that transaction. This ID acts as a reference point for the exchange's system to track and verify the transaction. It allows you to easily search and retrieve transaction details using this unique identifier. So, if you ever need to check the status or details of a specific transaction, you can simply provide the query ID to the exchange's support team.
  • avatarDec 25, 2021 · 3 years ago
    In the case of BYDFi, the query ID for a transaction is a unique identifier that is automatically generated for each transaction. This ID is used internally by BYDFi to track and verify transactions. If you ever need to inquire about a specific transaction, you can provide the query ID to BYDFi's customer support, and they will be able to assist you with any queries or concerns you may have.