Topic: Are Crypto Transactions Traceable? (Read 606 times)

In my opinion, technology has progressed far more than we know so much that most of the things we formerly thought where not possible are now possible. I always tell my friends that it is impossible to maintain 100% anonymity online even with crypto transactions. The only time someone will not find you, is if one doesn't really have the intention to.

In the crypto market, everyone involved can follow when you participate in cryptocurrency trading. I think this is normal nothing to worry about. Even if they spy on you, it is difficult to steal information and property if you know how to keep them safe. So there is no need to anonymize transactions.

To protect your personal data, it is sufficient that you do not perform kyc on any market or exchange, because with you your KYC data will be authentic, not anonymous.  I think your transaction can be traced from the IP you are using, but if you use VPN during transactions I think your IP will be an anomime

All bitcoin transactions are public, tracked and permanently stored in the bitcoin network, there are several factors such as wallets, ip addresses, and networks that keep bitcoins tracked, to prevent our bitcoins from being tracked.
We must do a new address after each payment, we must cover our IP address.
We also have to use a tumbler or mixer ..

Technically, all transactions with Bitcoin are public, trackable, and perpetually stored in the Bitcoin blockchain. Bitcoin addresses are the only piece of information used to determine where bitcoin is coming from and where bitcoins are being received. The identification, physical address, or email of a person is not contained anywhere in the transaction. Yet identity of a person can still be tracked using data and IPs from the public address. That is why bitcoin, which is believed to be anonymous is a misconception. It is pseudo-anonymous. Some says that there ways to guarantee anonymity in bitcoin transactions such as Bitcoin Mixing, use Tor- Onion Router to stay anonymous, use logless VPN, always use new address for transactions, buy and sell Bitcoins in cash and lastly use JoinMarket.

Ofcourse .bitcoin works with an unprecedented level of transparency.in the blockchain every transaction of the bitcoins are recorded.and aslo in a public ledger shared with every participant in the bitcoin network.when we buy bitcoin from any exchange they suppose to follow know your customer (Kyc)and anti money laundering protocols to identify us.once we initially purchased it will link to our identity,every other transaction can be trace back to us.

It is a bit hard to determine at first, given that most of the cryptos are decentralized, due to blockchain technology, there is a protection to one's anonymity. But there are now KYC, wherein one is required to give information which would give a bit of a trace within the transaction. Also, some exchangers records every transaction which is also another instance.

But I don't think it would matter that much given how many transactions are being made in crypto. Transactions might pile up and tracing the transaction would be a bit hard if tbat is your concern.
I doubt that everyone could see the flow of transactions, everytime. Trades are the ones which can be easily noticed but the addresses of the people involved in a particular transaction is another case. Feel free to correct me.

Bitcoin is designed in such a way that no one will be able to trace back a particular wallet address to an individual. This is what makes Bitcoin different from fiat currency. But the moment when you link your BTC wallet address with fiat currency (such as a transaction in an exchange where you convert your BTC to cash), this anonymity is lost. So as long as you refrain from doing this, you will remain 100% anonymous. But the issue is that at some point of time, you need to book profit from your holdings.

Sure, everyone can see Bitcoin transactions in this blockchain is a pure nature blockchain that is transparent everyone can see where the flow of transactions their money goes.

Simple things to remember..

1. You can't trace the IP address of a transaction (sender/receiver)
2. How will anyone know which address you have given to the sender..!! It might be of an exchange or a wallet or a brand new wallet of your friend. 

I hope you got the answer.

i think it is not the IP is what he pointing but the transactions only,OP's Question can be answered differently because that is a two way asking.
first the transaction in which really traceable and no one can hide from being look at.

second the IP address that i think very rare that can be track down by normal people not unless there are someone that uses tools that only Government usually use.

crypto transaction now are very open for public because it is happening mostly now that we have no really privacy and the word anonymous is seems not in effect here.

That is the service offering of all mixers in the market, it can confused the blockchain where it is impossible to trace the transactions. There is a misconception about the anonymity of bitcoin because there are some people who thought that transactions with the use of bitcoin is impossible to trace but it is not true it will only become impossible to trace with the use of mixer services.

Tracing a certain BTC address can be easily done but the problem here is, If they knew how to use some mixers or other blending BTC service, you would not get any clue where might the funds go. You may track the BTC address but it requires some advance technique on how you can successfully trace certain funds on where had it goes.

Unfortunately, cryptocurrency over time becomes more and more monitored by governments, which introduce and will introduce additional rules for its circulation for this purpose. If transactions will be used only between individuals, without access to exchanges and exchangers requiring KYC, then it will be almost impossible to track them. However, with the usual use of cryptocurrencies, we are increasingly forced to leave our identification data, which means that cryptocurrency will be increasingly monitored by governments.

The bitcoin transaction is traceable only if it is from the exchange that needs a kyc or know your customer. If someone tries to track down that transaction, they will be able to know it since the doer of the transaction has given their information to the exchange. On the other hand, I think it is not possible to track down the doer of transaction if it doesnt have any kyc at all.

A transaction can be easily traced back to its origin with the inputs and the outputs of each individual transaction clearly discernible from each other. Linking an address to a person is not hard either; the pseudonymous property of Bitcoin allows the addresses to be clearly identified and for them to be linked to an identity.

It's not possible to determine how many wallets/addresses are generated either.

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There seems to be a massive confusion about the difference between pseudonymous and anonymous. Bitcoin is pseudonymous, NOT anonymous.

That seems impossible. because the transaction is just one of the completed blocks and it is only stored in history but does not show any information to locate it. not even our wallets are made to identify their owners. We can only know how many wallets are created in this country and can only sum it up as facts. That's why governments often don't like letting their citizens use crypto to pay for services, which will lead to mass money laundering that can't be controlled.

Most of the crypto transactions are anonymous. You can always be transparent with the cryptocurrency transactions but you should also never forget that tracing transactions onto the networks in also not a much challenging thing. There already are a number of scam accusations which are been solved by tracking the flow of bitcoins or any other coin.

If you have any bad intentions which makes you ask people about the security of the transactions with cryptocurrencies than I would personally suggest you not to consider any negative strategy or scam with bitcoins. Bitcoins or any such coin have been naturally evoked as a non-traceable currency but some developments on the networks might have made tracing few transactions easier. Also the wallets we use to store the funds might have your basic information which they can easily leak in case of an emergency or a threat.

I know for sure that they are traceable through the Blockchain. Blockchain is an open space and you’re able to trace every transaction, there’s nothing hidden. But, I don’t know whether you can be able to trace any other thing apart from the addresses, I don’t know if the IP address of the address owner is exposed. I have seen someone that got scammed and was able to trace the address of the scammer to Binance.

I don’t k know what happened next, if he was able to get Binance to block the account of the scammer or not, but I knew they are likely not to agree to do that. That’s why some people are fond of mixing their coins to avoid being traced.

Because some coins are decentralized so government have take responsibility for it. Transactions are needed to be recorded and if deleted, it is still in the system where all deleted files are collected. It is important most especially as an evidence if necessary during a conflict. It can be a strong evidence against those scammers so if you are a victim of scammers, don't hesitate to seek help to trace past cryptocurrency transactions. Crypto transactions holds a strong record of your transactions through the years, months, or anytime you trade with someone.

Some security are still saved and can be traced through a system and it is only opened when it is very necessary. Those are private transaction that needs the approval of the owner and the government before accessing it. Mostly, it is used in some cases like an evidence against someone who committed a violation while trading in cryptocurrency. Criminals are caught by this traceable transactions because maybe they scammed someone. People should become more careful and secured during transactions.

In trading or making some transactions like sendings funds into different wallets or to other people all of those are recorded that is the reason why most of the time when we want to use a new cryptocurrency wallet they needed all of our accurate information, and we called this as the KYC or knew your custumer. After we created the accounts we want to use, they are now tracing all of our activities like if we are deposit, some funds came from external websites or any platforms, and also sending it into other addresses. Like today many countries now are accepting the use of cryptocurrency, and it is an extensive database of information that came from different users. However, still, they need to record those to make sure the history of the transactions of the users. One of the essential things that a system must-have is the history of the transactions of cashing in and cashing out the money also to monitor the user if that money is still safe.

Major exchanges have made KYC as mandatory because of the various rules and regulations from various nations and also most of the nations have stopped allowing their citizens to transact with the virtual decentralized currency which might only make few countries able to trade and in this case KYC verification is a must.

Also once we upload the documents for KYC verification onto those exchanges, our documents are stored in a secure server which would not give access to our credentials without our permissions. This might be something which the exchange violates if they ever leak our information without us been informed. In case of a fraudulent act which might include huge figure of money than the exchange might perhaps consult a legal adviser which might not be good for the user considering the fraudulent act.

Tracing of cryptocurrency transactions isn't as much related to IP as opposed to inputs and outputs. One disadvantage of cryptocurrency in terms of privacy is the lack of frangibility.

Think of it like this, if you throw a handful of one cent coins in a tub full of one cent coins, the original coins would be hard to tell apart from the other coins.
Now, if you are the recipient of 0.02 USD via bank wire, there's no way to tell what the origin of those two cents was if the sender had more than 0.02 cents in his account. Electronic money is fungible. Meaning that the origin of money can't be traced back in history. Once they reach an account sum, they're all bundled together as a net sum, rather than a set of sub-sums depending on their origin.

With bitcoin however, every satoshi that makes up the balance of the address is traced through transactions. Inputs in the address make the total balance. If for instance an input is unspent, an output using this specific input can only be confirmed when the proceeding input has also been confirmed. This example illustrates how the origin of BTC can be traced.

Exchanges can utilize this aspect of bitcoin to know, at least approximately, where youc transactions come or go to. Other than that, crypto is pseudonymous. And aside of people being able to identify that many transactions are coming to and from you, if you are not attaching your ID to your addresses, tracing your person via BTC transactions isn't easy.

I think it can't be, because in cryptocurrency we can make our every transactions in anonymous way, they cannot trace it and we cannot trace others as well, not unless when you join in a campaign and you pass your KYC in that case it could be traceable. But through IP? I doubt it, I cannot say that they can get your IP through your transactions.

You can't be tracked by your IP if you have done any transaction in cryptocurrency (For what I've known) most of the cryptocurrency have their own blockchain let's say the blockchain is a public log of all the transactions that's happening but the difference is that the name isn't available only the (Address) which might be what we call your name so through it anyone can be able to track you down and all your transaction but the good thing is that they don't know who the owner of that address is (Not unless you tell them)

Perhaps, this is the safest and most appropriate way to avoid user data security threats. Regarding sensitive data, we must all be careful and still consider security so that undesirable things do not happen.

KYC has been a long debate because of the pros and cons of its effectiveness and usefulness. But it would be better to avoid KYC with just a few dollars because in my personal data security more than money that might not be worth the risk that will come.

There's no guarantee that those dexes (if they ever exist) did not record anything sensitive to your 'identity' such as IP address, transaction history, etc. Some of them even go as far as doing a soft-KYC such as IDEX or Binance DEX. Who knows what's running behind them, an intelligence agency might even set up their own DEX or mixer.

In short, don't ever feel you're safe. Take precautions if anonymity is important for you and if possible never do KYC just to sell some tokens.

If you are using a centralized exchange that you have verified your account through KYC, then your crypto transaction can be traced to such exchange and if the reason for this is because of fraudulent activities, you can easily be caught when the exchange reveal your identity. This is the part of the reason why Centralized exchange conducts KYC especially for users that transact heavy amount of crypto in USD in order to comply with AML act of the country in which the exchange company is located. DEX is free of this and I do not think your identity can be traced on DEX platform.

All Bitcoin transactions are open, discernible, and for all time put away in the Bitcoin network.

authority can trace the transactions if they ask that exchange about the movement of your coins. however, it is only limited to what the exchange info has. if you are using several exchanges and bitcoin addresses, i don't think it will be easy for someone to track all your btc transactions. and by the way, what is the main reason of the OP to avoid possible tracker for his bitcoin address? is it to avoid taxes or what?

Bitcoin is anonimous unless you use centralized exchanges

Although Bitcoin is called untraceable, I think it can be traced during Bitcoin transactions. Because when an account is opened on an exchange, KYC verification is required. From there, it is possible to get all the information. But it is not possible to trace only with bitcoin transaction wallet

There are some ways on how you can trace crypto transactions, first you can trace crypto transactions if the one you are doing the transaction is submit kyc form in which you can know his identity and etc.
And blockchain or crypto has own way to manage and track different transaction inside their websites.
But I don't think that the crypto transactions can be traced through IP address because many people are trying to use some tools to block their ip address so that they will not track by anyone else, for some IT people it would be very easy to block their own IP address in order to make an transactions.

For me, transactions are traceable because blockchain has a record of all bitcoin transactions, and these transactions are in public that anyone can see. Also, all miners will confirm your transactions to another miner to confirm it. That's why its called peer to peer. But except names, you are given a bunch of code/ address so that you have a unique name. But most of the local exchange has KYC and gives you only one address, so if you transact using their wallet, they can identify you.

It is almost impossible for someone to track your IP when you are conducting a cryptocurrency transaction but your ISP. Your internet service providers could easily track what you are doing online from watching Youtube videos to chatting on Facebook. so it is very likely for your ISP to track a cryptocurrency transaction.

These are enough to OP to understand it will how the transaction of bitcoin works, either anonymous but traceable.
Let's consider because OP is a newbie and might probably he did not know yet. All of the transactions can be trace unless if you will not transfer into fiat or in mixing service. Because when you are transferring your Bitcoin into the custodial wallet it means that it is required KYC wallet and possible you will be traced.

You can refer to these threads to get more answers :



How traceable is bitcoin


How Traceable Are Bitcoin Wallet Addresses?


Can a bitcoin transaction be traced from one wallet to another?


Are Bitcoin Transaction Traceable? 

This is repetitive questions that will popping up every year , makes sure you read more before deciding to create a topic that has been exist several times in the past.

I don't think that transactions can trace the IP. We can just see a transaction been happening but its not can trace the IP .I think its totally a anonymous way to make a transaction by crypto .

This is sadly true. The KYC stuff has spoilt the anonymity of what Satoshi initially set out to do. Without a KYC, it's really difficult to trace a transaction to anyone physically. But that's the reality of the time we live in now.

I think someone with a very good understanding of how this goes from one transaction to another, tracing is probably an easy task to do. What I mean is that if crypto is made by a certain person or persons then its technically with human intervention. Maybe for us with just little knowledge about programming, etc its really hard for us to do tracing duties like that. It needs someone who is very "techy" or with technical capabilities to trace about crypto activities. On the other side, if someone traces your account or transaction that's also a problem. Its better to have security features for the crypto users since its really confidential.

Using a bitcoin mixer is another way to hide even transactions, it is an additional tool to hide every track of your transactions.
but yes, if you totally wanted to hide not only your location, identity, IP address and if it includes transaction blocks, then bitcoin mixer is actually the answer to these problems.

although many people consider bitcoin to be an anonymous payment network, bitcoin is also a public transparent payment network that all transactions can be tracked and also uses the p2p network, so I advise you to be very careful when you want to send or receive bitcoin through your wallet and protect privacy You are as safe as possible.

Your transactions are stored in the system. It can be checked from there so it is kind of traceable. But if you use VPN when you are making a new transaction, I don't think that they can find the location of your transaction.

Yes, this XMR is untraceble i will add other coins such as komodo they  are called privacy coin . If you dont want someone track your transaction privacy coin  was the better solution. Other crypto currency is traceable but you can use mixer if you dont want someone trace your transaction using bitcoin.

For you to figure out the ip address of a person, you need to track first the transaction and make a communication to the particular person that you want to trace. For example, knowing his/her transaction numbers on the blockchain records provides hint on their wallet address in the market. In that case, you can search the name of the user and make a personal message contact with him. There are some sites, which provides the services that you can send a link to them and once the user click that link, their ip will be trace.

You can use this: https://iplogger.org/

All cryptocurrency transactions are traceable if you know where exactly to look.  All cryptocurrency transactions use a specific address for each transaction and this address is very unique for any transaction made on the blockchain network. IP addresses of both the sender and receiver are usually captured on the blockchain network providing the possible locations of people involved in the transaction. These information is usually seen in the core of the blockchain network and can only be accessible to anyone who understand how the blockchain network algorithm work for a particular crypto coin blockchain network.

I know for a fact that Monero transactions cannot be traced due to its high anonymity a main reason why why people tend to prefer it over other cryptos and with Bitcoins I believe that it's very much traceable that's why people tend to use the bitcoin mixing services that are being offered a lot in the forum.

Bitcoin by itself is not anonymous, especially in the context of using SPV wallets like Electrum which mocacinno explained. In theory, anyone can run Electrum server, and by doing that they can see users' IP and all addresses/transactions. Some experienced hackers may try to reach the actual owner of a wallet by following the IP address and hack user ISP. I wonder how many public servers are actually owned by various three-letter agencies that monitor and collect customer data in this way, of course, all for the purpose of protecting national interests and combating terrorism.

The only way for protection of privacy is in using Tor (for now) since most VPNs are spying on users more than protecting them. Also, a high dose of privacy is achieved through the use of coin mixers in combination with Tor.

Transactions are traceable, but I don't think that it includes tracing the IP address of the user. Blockchain does not hold or a tool to trace the IP address of whoever did the transaction. Even without using VPN, tracing your location is not possible, unless you reveal it yourself.

there is a difference... walletexplorer combines the information it gets from all transactions...
If you have 3 addresses in the same wallet that were funded with 1 or more unspent outputs, you have this initial situation:
Address A: unspent_output_A_1, unspent_output_A_2
Address B: unspent_output_B_1
Address C: unspent_output_C_1

Now, let's say you make 2 transactions:
transaction 1: uses unspent_output_A_1 and unspent_output_B_1 as input and funds address D en address E
transaction 2: uses unspent_output_A_2 and unspent_output_C_1 as input and funds address F

blockchain will tell you address A and B belong to the same wallet (because unspent outputs funding these addresses were used together in tx 1)
blockchain will tell you address A and C belong to the same wallet (because unspent outputs funding these addresses were used together in tx 2)

walletexplorer will combine this info, and tell you address A, B and C belong to the same wallet because it analyses tx 1 and tx 2 and combines the info.
walletexplorer will also use community info to link addresses to services. If wallet explorer knows address A belongs to service X, it'll indicate that also address B and C belong to service X

if they know your bitcoin address it will certainly be easy to trace, for those who are familiar with internet technology maybe they can also track your ip, You can change your bitcoin address, for ip problems you can use a trusted VPN, or use a browser, software or application that has anonymous features.

Isn’t walletexplorer anb blockchain trx info same? I didn’t find any difference.if i paste my address in blockchain also i can see all of these same data

I agree with the links in the comments above, or if you are using exchanges like OKEX, you can check your transaction records.

There are even online tools that allows you to automatically trace all addresses that were used together in a same transaction, proving that the user hold all those private keys
Check this tool

https://www.walletexplorer.com/

If you paste an address there, you will see all other connected addresses

Transaction are traceable thru Blockchain Record as well when they know your address like in etherscan, the transaction are traceable not your IP r you personally. Unless you're using a local wallet that you do KYC or connect your social media account like one application here in our country then it can really trace you. Just know infos you filled up in that exchange or wallet since some saves your info.

No, you can trace the transaction, but the person or the location behind that transaction is impossible to trace,

I think if you undergo KYC, verifying your identification including your residence of address.
You can protect yourself from having traced if you do not undergo any KYC verification and stay hidden and anonymous as long as you want.

I just wanted to confirm your toughts... Ip's are not stored in the blockchain... If you create a transaction and initially broadcast it to one or more nodes, these nodes could theoretically store your ip. However, these nodes simply do not know if you broadcasted a new transaction, or just rebroadcast a transaction you yourself received from somebody else.
It's a little different for SPV wallets, for example electrum. Theoretically, an SPV wallet does not rebroadcast transactions. So if an electrum wallet user is connected to an electrum node and sends a new tx to this node, the node operator could potentially store the ip together with the tx, so he'll be able to identify you (that's where tor might come in handy)

That's true, untill you decide to spend those unspent outputs. If you spend multiple unspent outputs funding several addresses, everybody will be able to link those addresses together. And with some clever analysis of the receiving address, the amount of outputs (change),... one could potentially start to trace you (like you said before, as soon as you filled in KYC info for a service and somebody is able to link you to this service, you are no longer anonymous).

A big exception to all this is the people that were ignorant enough to use a web wallet, exchange wallet, casino wallet. Next to making their clients vulnerable to loads of other attack vectors, the online wallet operator could link every address to a user.

I don't think they can trace IP address. But if you had for example a KYC'ed account on an exchange and you withdraw from it and as an example let's say authorities want to follow your BTC footprint then they can see on what address that BTC went - because all the transactions are linked in the block"chain". However if you ask a person to send BTC in an empty address nobody could theoretically know that is your address.

Well with Bitcoin anyone can trace you with proper chain analysis tools. This chain analysis industry is getting bigger now a days.

There is this common misconception that bitcoin is anonymous but actually it is not. It is pseudonymous. When you are doing KYC with exchanges and sending coins there and withdrawing from there, the exchanges or any other companies knows your addresses and using those addresses they can figure out which one is yours.

And also when you are broadcasting a tx if you are not using VPN then whoever is controlling the server they can have your IP location.


So, over all you are actually anonymous.

I’m wondering are there ways to trace Crypto transactions like tracing an IP of someone when doing online transactions if so what are ways to protect yourself from getting traced. I’m rather uninformed on the subject and I would like to get up to speed on the current happenings right now.