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I'm sorry in advanced if this questions are dumb but here goes ...

Does all buy/sell bitcoin related transactions made in exchanges get logged in the blockchain? if so can they be found and/or tracked somehow using API?

Example

Given the following data recieved from BTER API describing some transaction in the BTC-CNY market

{
    date: "1442039516",
    price: 1544,
    amount: 0.01,
    tid: "11958597",
    type: "buy"
}

Is it possible to find the from/to addresses of this transaction? if so how?

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1 Answer 1

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Orders on exchanges are completely internal, there is no corresponding transaction made in the Bitcoin network. The volume of transactions happening on Bitcoin exchanges far exceeds the total number of Bitcoin network transactions, it's not feasible on many levels for it to work this way, even just from a latency and confirmation perspective.

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  • Thanks for the answer. I am not talking about orders in the exchanges orderbooks I mean the tradebook like trades that were actually confirmed
    – Omribitan
    Sep 12, 2015 at 11:36
  • Is that the same?
    – Omribitan
    Sep 12, 2015 at 11:43
  • Yes, no exchange has ever worked like that.
    – Claris
    Sep 12, 2015 at 12:43

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