Cryptocurrency Q&A Can people track your crypto wallet?

Can people track your crypto wallet?

Tommaso Tommaso Tue Dec 17 2024 | 7 answers 1349
I'm wondering if it's possible for others to trace or track my crypto wallet. Is there any way they can see my transactions or find out my wallet address? Can people track your crypto wallet?

7 answers

Daniele Daniele Thu Dec 19 2024
Blockchains like Bitcoin and Ethereum are designed to be transparent.

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SolitudeEcho SolitudeEcho Thu Dec 19 2024
All transactions conducted on these blockchains are visible to anyone with access to the network.

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KatanaSharpened KatanaSharpened Thu Dec 19 2024
This visibility extends to governmental bodies, including the Internal Revenue Service (IRS).

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DaeguDiva DaeguDiva Thu Dec 19 2024
Cryptocurrency transactions, despite their pseudo-anonymity, possess a level of traceability.

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MountFujiMystic MountFujiMystic Thu Dec 19 2024
This traceability arises from the nature of transactions conducted on public blockchains.

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