![]() ![]() ![]() Regardless of your experience level, you’ll most likely use a blockchain explorer to check the status of a transaction, or to gather historical transaction data at some point in your crypto journey. Explorer information ranges from basic things - such as transaction activity and status - to more technical, such as block data. The Binance Smart Chain (BSC) is essentially a blockchain that runs in parallel. These tools provide insights into the inner workings of a particular network. Connect to full BSC node, block explorer and WebSocket connection now. Knowing how to use a blockchain explorer is essential for any crypto user. Summary of Blockchain Explorers and How They Help The next page will show the total value of your assets and an up-to-date list of every transaction on this wallet.Paste your public wallet address into the search bar at the top.You can use a blockchain explorer to pull your transaction history instantly for tax and bookkeeping purposes. Like how people save receipts after buying things at the store, the blockchain keeps a real-time record of every transaction. Note: If you’re depositing to Binance and the transaction status shows “Fail” on the blockchain, please contact the platform from where you initiated the transfer. Possible reasons include not holding enough of a specific asset in your wallet to cover the transaction fees (“Insufficient gas” error), or the transaction was reverted. Completed transactions are final and irreversible.įailed: A failed status means your transaction has encountered an error. Note that transactions usually require several miner confirmations, and until the requisite number of miners has processed it, the transaction can still be reverted.Ĭomplete: This status means that the network has accepted the transaction. Common reasons for pending transactions include network congestion or the amount of gas paid to process the transaction (in busier times, higher gas fees ensure the transaction is processed faster).Ĭonfirmed: The network has successfully processed your transaction. Pending: The network has received the transaction but is still processing it. Common Transaction Statuses and What They Mean The following section will explain the different transaction statuses you might encounter. What is the status of your transaction? Depending on what it reads, your transaction will be pending, confirmed, completed, or failed if there is an error. This section shows important information such as the transaction’s status and what time the funds were received. Scroll below the summary page to find the transaction details section.On the right is the wallet address that received the cryptocurrency. The left column shows the cryptocurrency used to pay for the transaction. The top of the page will show the summary of the transaction. This will take you to the transaction page.To check the status of your transaction, copy and paste your transaction hash into the search bar at the top.The front page will show a lot of data, including information for specific networks like Bitcoin and an aggregated USD price feed of different cryptocurrencies. Now, let’s start with an everyday blockchain explorer use case: monitoring transactions. Blockchain explorers help translate this interface into something easy to understand and navigate. However, it’s not a very user-friendly interface. How do I Check Transaction Status on a Blockchain Explorer?Įvery blockchain network has a Command Line Interface (CLI) that allows you to interact with the database and view the network’s history. Blockchain explorers can also pull more technical information about the network for savvy users like block difficulty, block height, hash rate, market data, etc. Miners will use blockchain explorers to confirm if they’ve successfully mined a block. Transaction activity is just one of many things you can view on a blockchain explorer. Some users, for instance, like to follow known whale addresses to see where big money is moving. They also generate information about wallet addresses, including the assets sent/received and the total value of asset holding. Most traders and users who often buy or sell cryptocurrency use a blockchain explorer to check the status of their transactions. BNB Beacon Chain Explorer for BNB Beacon Chain.Etherscan.io for Ethereum transactions.Below are some blockchain explorers for popular networks: Think of it as a particular network’s dedicated search engine. For example, you can’t use a Bitcoin blockchain explorer to search Ethereum and vice-versa. ![]() It’s an important tool that provides a window into what’s going on inside a blockchain network.Įach public blockchain has its own explorer. Blockchain explorers allow you to scan a blockchain network for important data, including transactions, addresses, fees, blocks, and more.Įvery crypto user should know how to use a blockchain explorer, also known as a block explorer. ![]()
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