common-close-0
BYDFi
Trade wherever you are!

How can I track the progress of a bitcoin transaction?

avatarRaghul KannanDec 28, 2021 · 3 years ago3 answers

I recently made a bitcoin transaction, and I'm wondering how I can track its progress. Is there a way to see where my transaction is in the blockchain? How can I monitor the confirmation status of my bitcoin transaction?

How can I track the progress of a bitcoin transaction?

3 answers

  • avatarDec 28, 2021 · 3 years ago
    Tracking the progress of a bitcoin transaction is relatively easy. All you need is the transaction ID or the receiving address. You can then use a blockchain explorer like Blockchain.com or Blockchair.com to enter the transaction ID or address and see the transaction details. These explorers will show you the current status of the transaction, including the number of confirmations it has received. Keep in mind that it may take some time for a transaction to be confirmed, especially during periods of high network congestion.
  • avatarDec 28, 2021 · 3 years ago
    To track the progress of a bitcoin transaction, you can use a wallet or exchange that provides transaction history. Simply locate the transaction in your wallet or exchange account and view its details. You should be able to see the number of confirmations the transaction has received. Additionally, some wallets and exchanges offer push notifications or email alerts to keep you updated on the status of your transactions.
  • avatarDec 28, 2021 · 3 years ago
    If you're using BYDFi, tracking the progress of your bitcoin transaction is a breeze. Simply log in to your BYDFi account and go to the transaction history section. There, you'll find all the details of your recent transactions, including the confirmation status. BYDFi also provides real-time updates, so you can monitor the progress of your transaction as it gets confirmed on the blockchain. It's a convenient and user-friendly way to stay informed about your bitcoin transactions.