How does Facebook Pixel track the effectiveness of multiple ads at one time?

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How does Facebook Pixel track the effectiveness of multiple ads at one time?
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From what I understand, there is only 1 Pixel per Facebook ad account. If this is the case, then how does it track the effectiveness of the individual ads in campaigns if I am running multiple ads?

submitted by /u/zesty1989
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July 01, 2020 at 01:46AM

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