By choosing Cryptadium, you get a convenient assistant for automating your business
How to Track and Verify a Blockchain Transaction
Cryptocurrency is a digital assets trend that everyone who wants to stay current with the times is exploring. Newcomers often worry that crypto payments are associated with fraud. Some believe it's like sending money into the void, hoping it will reach the recipient and you'll receive your goods or services in return.
To alleviate these concerns, it's essential to understand blockchain – the foundation for secure transactions. Every operation that passes through the crypto network can be tracked and verified. The key is knowing how to find and check this information, as it's a crucial skill for all cryptocurrency users.
Modern crypto networks process millions of payments daily, each leaving a unique digital identifier. While it may be challenging for an average person to navigate this information, specialized tools make the process of searching for transactions much simpler.
What is a Blockchain Explorer?
A blockchain explorer is a specialized online tool that functions as a search engine, helping users view the status of any operation on the network. Working with an explorer is similar to using an internet search engine, but instead of web pages, we examine distributed ledger records. Each payment, block, and address has its own unique operation history that can be tracked from creation, ensuring the security of your assets.
Main Functions of a Blockchain Explorer:
- Real-time status tracking
- Verification of transaction history by specific address
- Search for information about blocks
- Monitoring of account activity
- Analysis of blockchain network activity
Popular Services
- Blockchain.com – classic explorer for working with Bitcoin
- Etherscan – leading tool for Ethereum network
- BscScan – specialized browser for Binance Smart Chain
How to Track a Transaction
Tracking is particularly important when making large transfers or working with new counterparties. Experienced users always check several parameters before confirming important operations. They analyze not only the current transaction status but also study the history of addresses they interact with, which helps avoid fraud and technical errors during transfers.
To start using a blockchain explorer to find a payment, you need to:
- Select the appropriate explorer for the corresponding network
- Click the search bar
- Enter one of the identifiers (hash, sender or receiver address, block number)
- Use filters to refine your search
- Check the results
Getting Transaction Status Information
After entering the crypto address or hash, the explorer displays:
- Current status
- Number of confirmations
- Time stamps
- Transfer amount
- Fee
Checking Transaction Details
Users can see the following additional information
Basic Parameters
- Status (confirmed/in process)
- Number of network confirmations
- Transfer amount + fee
- Sender and receiver addresses
- Operation timestamps
Additional Data
- Previous transaction history
- Related addresses and accounts
- Incoming and outgoing transfer data
- Information about the block where the payment is included
How to Check Payments in Cryptadium
The Cryptadium platform allows merchants to quickly and conveniently receive information about completed purchases and their statuses. Thanks to API integration, which fully automates the operations of online stores even with huge turnover, merchants receive status updates about all transfers, even if they were made simultaneously.
You can find information in the "History of Operation" section. There you can see when funds were credited, in which cryptocurrency, as well as its dollar (or euro) equivalent, and which wallet the transfer was made from and what email address the sender entered.
For maximum security, it is recommended to:
- Always verify payment details before sending
- Wait for the required number of confirmations
- Use reliable blockchain explorers
- Save important transfer information
- Regularly track history
By choosing Cryptadium for working with cryptocurrencies, you get not only a reliable payment processing tool but also a convenient business assistant for automating your operations.
Start using Cryptadium's crypto processing today and see its effectiveness for yourself!
Liliya Andrushevskaya,
Cryptadium expert
