If you have been part of the crypto movement for at least 5 seconds, you've probably already learned that almost any process in this industry is related to a transaction status.
When you make a Bitcoin transaction, it usually takes a few minutes to complete. During this time, the transaction is said to be "unconfirmed." Once the transaction is included in a block on the Bitcoin blockchain, it receives one confirmation.
Most Bitcoin transactions require three confirmations before they are considered complete and irreversible. However, some exchanges and services may require more or fewer confirmations depending on their policies.
To check the confirmation status of your Bitcoin transaction, you can use a blockchain explorer. A blockchain explorer is a tool that allows you to search and view transactions on the Bitcoin blockchain.
Here are the steps on how to check the confirmation status of your Bitcoin transaction using a blockchain explorer:
1. Go to a blockchain explorer website. Some popular blockchain explorers include Blockchain.com, Blockchair, and MemPool.
2. In the search bar on the blockchain explorer website, enter the transaction ID (TXID) of your Bitcoin transaction.
3. The blockchain explorer will display all the relevant transaction details, including the number of confirmations your Bitcoin transaction has received.
If your transaction is unconfirmed, the blockchain explorer will usually show 0 confirmations. This means that the transaction has not yet been included in any block.
Once your transaction is included in a block, it will receive one confirmation. The blockchain explorer will usually display the first confirmation time and how many confirmations have been added since.
You can also view information about the transaction fee associated with your transfer.
If the blockchain explorer does not find your transaction, it may mean that the transaction never left the sending wallet. In this case, you can contact the sender's service provider for assistance.
The above is the detailed content of How to Check Bitcoin Transaction Confirmation: A Step-by-Step Guide. For more information, please follow other related articles on the PHP Chinese website!
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