What it means
One action recorded on a blockchain, such as a payment, an exchange or a deposit.
Each transaction has its own ID, called a hash, that you can look up on a block explorer. Once confirmed, it can't be reversed, so check the recipient before you send.
How it works
On Base a transaction confirms in a few seconds.
Related terms
| Term | What it means |
|---|---|
| Block explorer | A website that shows everything recorded on a blockchain: every wallet, balance and transaction. |
| Gas fee | The small fee paid to a blockchain network to process a transaction. It's also called a network fee. |
| Wallet address | The public identifier of a wallet, a string starting with 0x, that others use to send you money. |
This glossary explains terms in general. It isn't investment, tax or legal advice.