I'm wondering if crypto transfers can be traced. I know that cryptocurrencies are designed to be anonymous, but I'm not sure if there's a way to track the movement of funds from one wallet to another.
6 answers
PulseWind
Fri Dec 13 2024
Bitcoin transactions possess a unique transparency that sets them apart from traditional financial systems.
CryptoMystic
Fri Dec 13 2024
Each and every transaction conducted using Bitcoin is recorded publicly on the Bitcoin network.
CharmedEcho
Fri Dec 13 2024
This public record allows for anyone to trace the movement of Bitcoins across the network.
MountFujiView
Thu Dec 12 2024
The permanence of these records ensures that transactions cannot be altered or deleted.
KatanaSharpened
Thu Dec 12 2024
Bitcoin addresses serve as the identifiers for transactions on the
Bitcoin network.