1. What is transaction ID (TxID)?

Transaction ID (TxID), also referred to as transaction hash, is an identification number used to label transactions on the blockchain. When a transaction is confirmed on the blockchain, it automatically generates a unique 64-character string to identify that transaction. This string contains all the transaction details, ensuring its uniqueness and resistance to tampering.

 
2. Why should we learn how to understand transaction ID?

Transaction ID allows you to track and verify the progress of your asset deposits or withdrawals. It provides information such as transaction status, timestamp, sender's and receiver's addresses, and transaction amount. In cases where you encounter delays in depositing assets or need to trace the flow of funds, Transaction IDs become crucial clues to help you retrieve your assets.

 
3. How do I check the refund transaction ID?

Using Binance as an example:

Check transaction ID on Binance website: Log in to the Binance website, click the wallet icon and select "Transaction History".

On the Transaction History page, click "Deposit hasn't arrived?" and select the transaction record you want to check under "Deposit Recovery Application Record". You will find the transaction ID for that specific transaction.

Check transaction ID on Binance app: Log in to the Binance app and tap "Wallets" - "History" - "Spot" to enter the Transaction History page.

Tap "Deposits not arrived? Check solutions here" on the Transaction History page. Select the transaction record you want to check under "Deposit Recovery Application Record". You will find the transaction ID for that specific transaction.