How Does The Wallet Balance Checker Work?
The wallet balance checker pulls publicly available information from the blockchain to determine how much cryptocurrency you currently have in your wallet! The wallet balance checker is 100% free to use!
Can Crypto Wallets Be Traced?
While crypto transactions are pseudo-anonymous, it is possible for wallets to be traced!
It is possible for tax agencies to match an ‘anonymous’ wallet with your identity— especially if you’ve transferred crypto into or out of an exchange where you provided Know Your Customer (KYC) information. In the past, the IRS and other tax authorities have used this type of ‘data matching’ to crack down on crypto tax fraud!
