Satoshi Nakamoto</strong></a> to <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/who-is-hal-finney/">Hal Finney</strong></a>:</p>\n<p style=\"text-align: center;\"><strong>f4184fc596403b9d638783cf57adfe4c75c605f6356fbc91338530e9831e9e16</strong></p>\n<p>Note that the TXID of your withdrawal transaction is displayed when you withdraw crypto from a <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-centralized-exchange-cex/">centralized exchange (CEX)</strong></a>. If you want to be taken to the relevant transaction in that blockchain's block explorer, simply click on the TXID.</p>\n<p>Besides, you can use the TXID from your withdrawal history to figure out if you can get your money back if your transferred funds end up in the wrong address. Though keep in mind that there's no guarantee that you will.</p>","level":"easy","meta_title":"What is Transaction ID (TXID)? 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The majority of them are from marginalized social groups and are consequently rejected by traditional financial institutions for a variety of reasons. People who have chosen not to use banks or other standard financial services are also considered <strong>unbanked</strong>.</p>\n<p>The majority of the unbanked are often people that have low-income and cannot afford or meet the conditions for obtaining a bank account. Many governments put efforts into offering new financial products that can help reach out to unbanked communities through microfinance and other techniques. However, <strong>many banks continue to turn down low-income consumers</strong> because they lack sufficient resources.</p>\n<p>The crypto ecosystem's collective purpose is to promote financial inclusion through <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-digital-asset/">digital assets</strong></a>, <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-smart-contract/">smart contracts</strong></a>, and other <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-blockchain/">blockchain-based technologies. By far the most promising answer for the unbanked is the <a href=https://www.bitdegree.org/"https://www.bitdegree.org/crypto/buy-bitcoin-btc/">Bitcoin and <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-defi/">DeFi projects</strong></a>, which offer revolutionary new apps that mirror established financial goods and services that are freely accessible to anyone.</p>","level":"easy","meta_title":"What is Unbanked? 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However, <strong>when market values undergo a severe and rapid decrease, it&rsquo;s tanking (or dumping).</strong></li>\n</ul>\n<p>Though keep in mind that there's also the term <strong>&ldquo;bleeding.&rdquo;</strong> It implies that a price drop occurred in the market as well. However, tanking implies that the price decline was sudden and dramatic. Bleeding, on the other hand, implies that the price decline was slow and took a longer time to occur.</p>","level":"easy","meta_title":"What is Tank? 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Handbook Cover Page
Crypto Terms: Letter T

What is Transaction ID (TXID)?

Transaction ID (TXID) MEANING:
Transaction ID (TXID) - a unique string of characters that identifies transactions on the blockchain.
Easy
1 minute

Let's find out Transaction ID (TXID) meaning, definition in crypto, what is Transaction ID (TXID), and all other detailed facts.

When a transaction is created and added to the blockchain, it's assigned a transaction ID (or a transaction hash) as a unique identifier. You can find information about a certain transaction using its TXID in a block explorer. Every blockchain has various explorer options. This helps to validate basic transaction details. You can find out the transfer date, the sent amount, the sending and receiving addresses, and how many network confirmations were received.

For instance, the following is the TXID of the first Bitcoin transaction that was ever made. It was sent from Satoshi Nakamoto to Hal Finney:

f4184fc596403b9d638783cf57adfe4c75c605f6356fbc91338530e9831e9e16

Note that the TXID of your withdrawal transaction is displayed when you withdraw crypto from a centralized exchange (CEX). If you want to be taken to the relevant transaction in that blockchain's block explorer, simply click on the TXID.

Besides, you can use the TXID from your withdrawal history to figure out if you can get your money back if your transferred funds end up in the wrong address. Though keep in mind that there's no guarantee that you will.
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