Adam M730 McDonald

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How to use blockchain explorers to track funds?

Blockchain explorers are online tools that let users search transactions, addresses, and blocks on a blockchain. By pasting a transaction ID (TXID) or wallet address into an explorer, you can see whether funds were sent, confirmed, and where they moved. Popular explorers include Etherscan for Ethereum and Blockchain.com for Bitcoin. Traders use explorers to confirm withdrawals from brokers or exchanges, ensuring transparency. However, explorers show wallet addresses but not the owner’s identity, so stolen funds may still be hard to recover. Learning how to use explorers effectively helps traders verify payments and avoid misinformation.