What is a Transaction ID and why is it helpful?

The Transaction ID is very important as wallet is unique for every transaction. It is a direct way to see your transaction on the blockchain and can provide much-needed information when something doesn’t seem right with your crypto! A Transaction ID offers proof/evidence for whether the funds were successfully sent and received.

If you have sent a transaction out of somewhere and cannot see the transaction in the service you sent your funds to, the first thing to check is to make sure the transaction is valid and has been confirmed on the blockchain by finding the Transaction ID.

How do I rename my hardware portfolios wallet?

You can set the display name of your hardware portfolio wallet in FEX.

This wallet time just go to Settings > Portfolios then choose the name of your hardware wallet then click on the pencil icon on the right-hand.

Type anything you’d like, pick any color and symbol you want, and when ready click Save Updates to apply the change.

Taking a look at the Transaction ID

Every cryptocurrency works slightly differently and will have a different way to view blockchain transactions. In this article, we will be using the popular Bitcoin block explorer called Mempool.space.

Look to see how many confirmations the transaction has

When your crypto has not shown up at its destination, the best thing to do is take a look at how many confirmations wallet has. To do open up a transaction, we will use this one as an example: