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🤓 TL;DR:

• What is a TxID?

  A TxID (Transaction ID) is a unique identifier assigned to every blockchain transaction. It serves as proof that a transaction has occurred and allows users to track its status. Every blockchain transaction automatically comes with a TxID, also known as a transaction hash or hash.

• Why is it important?

  TxIDs are crucial for confirming payments, tracking delayed transactions, and supporting reconciliation within Sequence’s accounting processes.

• ⚠️ Important Note: If the payment amount is below $1,000 in BTC, you can pay via Bybit internal transfer. For amounts above $1,000, the payment must be made on-chain in BTC.

  • For detailed instructions, check our step-by-step guide here:

• How do I submit my TxID?

  Go to our submission page and enter the required information. For detailed instructions, check our step-by-step guide here.

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🗂️ Index

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1. What is TxID?
2. What Makes a TxID Unique and How to Use It
3. Why Is a TxID Important?
4. Locating Your TxID on Different Exchanges
5. How to Submit Your TxID to Sequence
6. Tracking your TxID - Blockchain Explorers </aside>

? What is a TXID?

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A TXID (Transaction ID) is a unique alphanumeric identifier assigned to each financial transaction, especially in the context of cryptocurrency and blockchain technologies. It serves as a digital fingerprint, allowing users to track, verify, and reference specific transactions.

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🔑 What Makes a TxID Unique and How to Use It

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• Unique Identifier: Each transaction on a blockchain receives a unique TXID, ensuring it's distinguishable from other transactions.
• Digital Fingerprint: The TXID acts as a permanent digital record, allowing you to look up the transaction's details on a blockchain explorer.
• Tracking and Verification: You can use the TXID to track the status of a transaction (e.g., successful, pending, confirmed), and to verify its details.
• Reference Point: The TXID is used to reference previous transactions as inputs when creating new ones, especially in blockchain technologies like Bitcoin.
• Blockchain Lookup: TXIDs are typically used with blockchain explorers (like Etherscan for Ethereum) to view transaction details. </aside>

💡 Why Is a TxID Important?

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• One, TxID comes in handy when you need proof that you are the one who sent any given digital asset. The recipient of your transfer may request it from you to prove that you sent the payment successfully. TXID is more like a digital receipt of your blockchain transactions. It is safe to share.
• Two, TxIDD also helps in times of delayed transactions. Once in a while, blockchains undergo maintenance leading to delayed transactions. TxID helps ease your worry by enabling you to verify the state of your transaction in the blockchain.
• Three, TxID is used by the Sequence accounting team to track your invoice payments! </aside>

🔑 Locating Your TxID on Different Exchanges

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To find your TxID, please follow the specific guidelines provided by your exchange:

How to find TxID - Bybit

How to find TxID - Binance

How to find TxID - Kraken

How to find TxID - Kucoin

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📥 How to Submit Your TxID to Sequence

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1. Go to out website Home Page.

Introducing Sequence

1. Click “Sign in”

   

2. Enter your credentials.

   

   ⚠️ Please note that the email is case sensitive

3. Check your Email.

   • You will be asked to check your 2FA details

   

   ⚠️ If you don’t receive an email, firstly check spam, and secondly please check the Sequence welcome email that you registered with initially - these must match

   

   Enter 2FA Details in the web interface (Screenshot above)

4. Navigate to the Dashboard.

   • On the left-hand side panel, navigate to the Account section.

   • Click on “Pay an Invoice” to proceed.

     

5. You will be redirected to the Invoice Payment Record page.

   • In the “Invoice Payment Record” section, enter your Registered Sequence Email Address.

     

6. Select the Invoice Type:

   a. Choose the appropriate option from the Invoice “Type section”:

   • Single Invoice: If you are submitting a TxID for a single payment, select this option.
   • Consolidated Invoice: If you are submitting a TxID for a consolidated payment, choose this option.

   b. Once you have selected the appropriate invoice type, enter the amount in the field labeled “Bitcoin Invoice Amount”. Double-check for accuracy before proceeding to the next step.

7. Enter Your Invoice Record.

8. Choose the Method of Payment:

9. Submit your information:

• Once you have entered your details and attached any necessary files, click the “Record Payment” button. </aside>

🔍 Tracking your TxID - Blockchain Explorers

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