How do I find the routing number for cryptocurrency transactions?

7 answers

• Kevin MirchandaniJun 12, 2020 · 5 years ago
  Finding a routing number for cryptocurrency transactions is not applicable because cryptocurrencies operate on a decentralized network. Unlike traditional banking, where routing numbers are used to identify specific banks and branches, cryptocurrency transactions are verified and recorded on a blockchain. The blockchain acts as a public ledger, eliminating the need for routing numbers. Instead, you'll need the recipient's wallet address to send cryptocurrency.
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• Karam BarakahJul 01, 2020 · 5 years ago
  Unfortunately, there is no routing number for cryptocurrency transactions. Cryptocurrencies like Bitcoin, Ethereum, and others are decentralized and don't rely on traditional banking systems. Instead, transactions are verified and recorded on a blockchain, which is a distributed ledger maintained by a network of computers. To send cryptocurrency, you'll need the recipient's wallet address, which is a unique identifier for their digital wallet.
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• Steven gerradDec 26, 2020 · 5 years ago
  When it comes to cryptocurrency transactions, there is no concept of a routing number. Cryptocurrencies operate on a peer-to-peer network, where transactions are verified and recorded by miners. Instead of routing numbers, you'll need the recipient's public key or wallet address to send cryptocurrency. This address is a long string of alphanumeric characters that uniquely identifies the recipient's wallet.
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• Heba KamalJan 28, 2025 · 7 months ago
  BYDFi, a popular cryptocurrency exchange, does not use routing numbers for transactions. As a decentralized exchange, BYDFi operates on a blockchain network where transactions are verified and recorded without the need for routing numbers. Instead, you'll need to provide the recipient's wallet address to send cryptocurrency on BYDFi or any other decentralized exchange.
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• Bachmann LindJan 04, 2023 · 3 years ago
  Routing numbers are not applicable to cryptocurrency transactions. Cryptocurrencies like Bitcoin, Litecoin, and others operate on a decentralized network, where transactions are verified and recorded on a blockchain. Instead of routing numbers, you'll need the recipient's wallet address, which is a unique identifier for their digital wallet. This address is usually a combination of letters and numbers.
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• Cross OutSep 27, 2023 · 2 years ago
  In the world of cryptocurrencies, routing numbers are not used for transactions. Cryptocurrencies operate on a decentralized network, where transactions are verified and recorded on a blockchain. To send cryptocurrency, you'll need the recipient's wallet address, which is similar to a bank account number. This wallet address is a long string of characters that uniquely identifies the recipient's wallet.
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• Sainty kumarDec 26, 2022 · 3 years ago
  Unlike traditional banking, cryptocurrency transactions do not require routing numbers. Cryptocurrencies like Bitcoin and Ethereum operate on a decentralized network, where transactions are verified and recorded on a blockchain. To send cryptocurrency, you'll need the recipient's wallet address, which is a unique identifier for their digital wallet. This address is usually a combination of letters and numbers.
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