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A Payment ID is an encrypted, arbitrary and optional transaction attachment that consists of 8 bytes. A Payment ID is usually used to identify transactions to merchants and exchanges: Given the intrinsic privacy features built into Monero, where a single public address is often used for incoming transactions, a Payment ID is useful to tie incoming payments with user accounts.

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Can i receive payment from bittrex without payment id?

You don't have to use a payment ID when you're sending to your own wallet. Thus, simply put your wallet's address in the Base Address box, specify a Quantity, and leave the Payment_ID box blank. More …
dEBRUYNE's user avatar
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How do I use long payment IDs in CLI v0.14 / GUI v0.14?

We're slowly trying to phase out long payment IDs, because they are (i) detrimental to user experience and (ii) privacy. Therefore, in CLI & GUI v0.14, it will be more difficult to make use of a long …
dEBRUYNE's user avatar
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