How to check the transaction status on the blockchain

Contents:

• What is TxID and where to find it?

• How to track the status of a transaction in the blockchain?

• Using blockchain explorers

• Tracking Bitcoin transactions

• Tracking stablecoin transactions

• What to do if the transaction is not displayed?

• Conclusion

What is TxID and where to find it?

TxID (Transaction ID) is a unique identifier for a transaction in the blockchain. It allows you to track the status of your transaction and obtain information about it. Usually, you can find TxID in the wallet from which the transaction was sent or in transaction notifications.

How to track the status of a transaction in the blockchain?

There are several ways to track the status of a transaction:

• Using blockchain explorers - these are online services that allow users to enter TxID and obtain information about the status of the transaction, including confirmations and processing time.

• Contacting blockchain provider APIs - many services offer APIs through which you can automatically check the status of transactions across various blockchains.

• Using specialized applications for tracking transactions - there are mobile and desktop applications that allow you to track transactions and receive notifications about their status.

Using blockchain explorers

Blockchain explorers are online services that allow users to track transactions and blocks across various blockchains. These tools provide information about the status of transactions, the number of confirmations, and other details related to the blocks.

To check the status of a transaction, you need to follow these steps:

1. Go to the website of the chosen blockchain explorer.

2. Enter TxID in the search bar.

3. Click the search button or press Enter.

4. View information about your transaction, including its status and confirmations.

Blockchain explorers usually have an intuitive interface, making the process of tracking transactions simple and accessible for all users.

Tracking Bitcoin transactions

To track transactions on the Bitcoin network, use TxID in one of the blockchain explorers. Enter TxID in the search bar, and you will receive information about the status of your transaction, including the number of confirmations, processing time, and other important details.

It is important to note that transactions on the Bitcoin network may take some time to confirm, depending on network congestion and the fee set during sending. The higher the fee, the quicker the transaction will be processed.

Tracking stablecoin transactions

Stablecoins, such as USDT or USDC, can also be tracked through blockchain explorers. These tokens typically operate on various blockchains, such as Ethereum or Tron, so it is important to use the appropriate explorer for the specific network.

To track stablecoin transactions, follow these steps:

1. Select a blockchain explorer that supports the stablecoin you need.

2. Enter TxID in the explorer's search bar.

3. View information about the transaction status, including the number of confirmations and processing time.

Tracking stablecoin transactions allows you to be confident in their status and receive up-to-date information about transfers.

What to do if the transaction is not displayed?

If your transaction is not displayed in the explorer, it may be due to several reasons:

• The transaction has not been processed yet: Depending on network congestion and the fee set, the transaction may take some time to confirm.

• Incorrect TxID: Make sure you entered the TxID without mistakes. Even a small typo can lead to missing transaction information.

• Blockchain network issues: Occasionally, there may be technical failures or congestion in the network, which can also affect the display of transactions.

If you encounter these problems, try checking the status of the transaction after some time or re-enter TxID. If the problem persists, it may be worth contacting your wallet provider or service provider for more information.

Conclusion

Tracking the status of a transaction in the blockchain has become easier thanks to modern technologies. Use TxID and blockchain explorers to get up-to-date information about your transactions. This not only allows you to monitor the process but also ensures the security of your funds, knowing at what stage your transaction is.