Glossary · assets and networks
What is a transaction hash?
A transaction hash, often called a TXID, is the unique identifier of one blockchain transaction. Paste it into a block explorer and anyone can see the amount, the addresses, the time and the confirmations, without needing permission from anybody.
Why this is the most useful field in crypto payments reconciliation
In card payments, proving a transaction happened means asking the acquirer and waiting. The record is private and you see only your leg of it.
A transaction hash inverts that. It is a public receipt. You can verify it, your customer can verify it, your auditor can verify it, and none of you has to trust the other or ask us.
That is why every CoinGate order carries one, and why any provider that cannot give you a hash per settlement is making reconciliation harder than it needs to be.
In practice it is also the fastest way to end a support conversation. A shopper who says they paid either has a hash or does not, and if they do, the chain says what actually happened.
What to do with it
Three uses, from daily to occasional.
Tie every settlement to an order
The hash on the order and the hash on the chain are the same string. That is your audit trail, already written.
Frequently asked questions
Is a transaction hash the same as a TXID?
Yes. Two names for the same string. Some networks and wallets prefer one term.
Can a hash be faked?
No. It is derived from the transaction itself, so a hash either resolves to a real transaction on a real chain or it resolves to nothing.
Does every CoinGate order have one?
Every settled one does, along with the timestamp, fee, asset, network and rate applied.
Can I look up a hash myself?
Yes, on any block explorer for that network. You do not need us and you do not need an account.