Tickfloor

How a crypto transaction actually works

Describe addresses, keys, network fees and confirmations, and why a sent transaction cannot be pulled back.

Module 9 of 26, Crypto: buying coins versus betting on them. Lesson 4 of 6, about 14 minutes.

The takeaway

A sent transaction is final and irreversible; protect yourself with small test amounts, network checks, and keeping your keys to yourself.

This page is a public summary. The full lesson has the worked examples, an interactive exercise and a short quiz, and sits in the course. Lessons 1 and 2 of Module 1 are free and the rest need a pass.

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General information only. It doesn't consider your objectives, finances or needs. Tickfloor holds no financial services licence and never places trades.

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