Cryptocurrency Q&A Can cryptocurrency be traced?

Can cryptocurrency be traced?

Giulia Giulia Fri Nov 29 2024 | 6 answers 1145
I'm wondering if cryptocurrency transactions can be traced. I know they are supposed to be anonymous, but with all the technology we have today, is it really possible to track them down? Can cryptocurrency be traced?

6 answers

Chloe_martinez_explorer Chloe_martinez_explorer Sun Dec 01 2024
The IRS can potentially match these 'anonymous' transactions to identifiable individuals.

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SkyWalkerEcho SkyWalkerEcho Sun Dec 01 2024
Cryptocurrency transactions, despite their pseudo-anonymity, possess traceability.

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GinsengGlory GinsengGlory Sun Dec 01 2024
Blockchain technology ensures transparency and openness in transaction records.

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Lorenzo Lorenzo Sun Dec 01 2024
On public blockchains, transactions are visible to anyone who has access to the network.

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JejuJoy JejuJoy Sun Dec 01 2024
BTCC, a top cryptocurrency exchange, offers a range of services.

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