What Is a Transaction ID (TxID)? How to Track TxID on Blockchain

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In the world of cryptocurrency, transactions don’t always go smoothly. Sometimes, despite confirmation from the sender, funds don’t appear in your wallet. When this happens, one of the most reliable ways to verify what went wrong is by checking the Transaction ID (TxID) — also known as Tx Hash or transaction hash — on the blockchain.

A Transaction ID serves as a unique digital fingerprint for every crypto transfer recorded on a blockchain network. It allows users to verify whether a transaction was successful, is still pending, or has failed. Understanding how to locate and interpret a TxID is essential for anyone using cryptocurrencies regularly.

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Understanding Transaction ID (TxID): The Digital Receipt of Crypto

Every time you send or receive cryptocurrency, that transaction is permanently recorded on a decentralized ledger called the blockchain. Each entry includes a unique identifier: the Transaction ID (TxID).

This ID is a long string of alphanumeric characters — typically 64 characters for networks like Ethereum or Bitcoin — generated using cryptographic hashing algorithms. Once created, it cannot be altered or deleted, ensuring complete transparency and immutability.

From a single TxID, you can access vital information such as:

This makes TxID an invaluable tool for resolving disputes. For example, if someone claims they’ve sent funds but you haven’t received them, simply asking for the TxID lets you independently verify the truth on the blockchain.


Key Blockchain Terms You Need to Know

Before diving into how to track a TxID, familiarize yourself with common terms used across blockchain explorers:

These fields remain consistent across most blockchain networks, making it easier to navigate different platforms once you understand the basics.


How to Check TxID on Popular Blockchain Networks

Each blockchain has its own block explorer — a search engine for blockchain data. Below are step-by-step guides for major networks.

Ethereum (ERC20) and Binance Smart Chain (BEP20)

Ethereum and Binance Smart Chain use similar interfaces for tracking transactions.

Step 1: Access the Block Explorer

Step 2: Enter the TxID

Paste the full Transaction Hash into the search bar and press Enter.

Possible Transaction States:

  1. Pending
    The transaction is waiting for confirmation. This usually resolves within seconds to minutes during normal network conditions.
  2. Fail / Failed
    The transaction did not complete. Common causes include insufficient gas or smart contract errors. In this case, contact the sender or platform that initiated the transfer.
  3. Dropped and Replaced
    Occurs when a user resubmits a transaction with a higher gas fee, canceling the original one. The new TxID will reflect the successful version.
  4. Success
    The transaction is confirmed. Check your wallet balance. If funds still don’t appear (rare), contact customer support — some platforms require internal processing even after blockchain success.

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TRON (TRC20)

TRON uses energy and bandwidth instead of gas, which affects transaction outcomes.

Block Explorer: https://tronscan.org

Common Statuses:

In case of failure, ask the sender to retry with adjusted settings.


Block Explorers for Other Major Blockchains

You can track TxIDs on nearly any blockchain using dedicated explorers:

Each provides detailed insights into transaction history, wallet balances, and smart contract interactions.


How to Find Your Transaction ID (TxID) After a Withdrawal

If you initiated a withdrawal from a crypto exchange or wallet service, retrieving your TxID is simple:

Step 1: Log in to Your Account

Go to your dashboard (e.g., Fiahub homepage).

Step 2: Navigate to Withdrawal History

Click on Account > Overview, then select Withdraw next to the relevant cryptocurrency.

Step 3: Locate the Specific Transaction

Choose the date range and click Search. Find the transaction and click on TxHash to view details.

Step 4: View Full Transaction Details

You’ll be redirected to a block explorer showing:

This process empowers users to independently verify their transactions without relying solely on customer support.


Frequently Asked Questions (FAQ)

Q: Can a Transaction ID be reused?
A: No. Each TxID is unique and generated only once per transaction. Duplicate IDs would break blockchain integrity.

Q: Why does my transaction show “pending” for hours?
A: This usually happens during network congestion or if the gas/transaction fee was set too low. It may eventually confirm or drop.

Q: Can I cancel a crypto transaction after sending?
A: Not directly. However, if it's still pending, some wallets allow replacing it with a higher fee ("replace-by-fee").

Q: What should I do if my transaction fails?
A: Failed transactions often result in automatic refunds. Contact the sending platform if funds don’t return within 24 hours.

Q: Is sharing my TxID safe?
A: Yes. A TxID only reveals public blockchain data — no private keys or personal information are exposed.

Q: Do all blockchains use the same format for TxIDs?
A: While most use 64-character hexadecimal strings, formatting may vary slightly depending on hashing algorithms used.


Final Thoughts

Understanding what a Transaction ID (TxID) is and how to use it gives you greater control over your cryptocurrency activities. Whether you're troubleshooting a missing deposit or verifying payment receipt, checking a TxID on a block explorer provides undeniable proof of transaction status.

With growing adoption of digital assets, mastering tools like block explorers and interpreting key metrics becomes increasingly important. Always keep your TxID handy after any transfer — it's your primary tool for accountability in the decentralized world.

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