Step-by-Step Guide: How to Verify a Bitcoin Transaction (1Bitcoin.ca Version)

How to Verify a Bitcoin Transaction
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When you buy or send Bitcoin through 1Bitcoin.ca, you may wonder:

“Did the payment go through?”

“How long until it’s confirmed?”

“Is the transaction stuck?”

Because Bitcoin is a public blockchain, you can verify everything yourself. Here’s how to track your transaction safely and confidently — no middlemen, no guesswork.


🔍 What Does “Verifying a Transaction” Mean?

It means checking the Bitcoin blockchain to confirm:

  • The transaction was broadcast to the network
  • It was included in a block (confirmed)
  • The amount and recipient address match what you expect

Whether you’re the sender or the receiver, verification ensures transparency and peace of mind.


🛠️ What You’ll Need

One of the following is enough:

  1. Transaction ID (TXID)
    • Example: b6f6991d2a54a3bd53c8f90ccdc1b1e9a2f4e7d4e7a0fdd23a43a6ed8b5c4c12
  2. Your Bitcoin address
    • Example: bc1qxy2kgdygjrsqtzq2n0yrf2493p83kkfjhx0wlh

You can find the TXID in your wallet (e.g., BlueWallet, Trezor Suite) or the 1Bitcoin.ca order confirmation.


🗺️ Step 1: Use a Blockchain Explorer

A blockchain explorer is like a search engine for Bitcoin transactions.

ExplorerFeaturesWebsite
Blockstream.infoOpen-source, fast, reliableblockstream.info
Mempool.spaceReal-time fee trackingmempool.space
Blockchain.comEasy for beginnersblockchain.com

1Bitcoin.ca recommends: Blockstream.info or Mempool.space


👨‍💻 Step 2: Search by TXID or Address

  • Paste your TXID in the explorer’s search bar → See the exact transaction.
  • Paste your Bitcoin address → View recent transactions to/from that address.

Tip: TXID is the most accurate way to track a single transaction.


📄 Step 3: Read the Transaction Details

Key fields to understand:

✅ Status:

  • Unconfirmed = Waiting in mempool
  • Confirmed = In a block, permanent

⏰ Confirmations:

  • 0 = Unconfirmed
  • 1 = Confirmed once
  • 3+ = Considered safe for most uses
  • 6+ = Final for large transfers

📅 Timestamp:

When it was sent and confirmed.

📥 From / To:

Shows sending and receiving addresses.

💸 Amount:

Total Bitcoin sent.

⚠️ Fee:

Fee paid to miners to process the transaction.


⛏ Step 4: Confirm It’s Final

ConfirmationsStatusWhat It Means
0In mempoolCould be dropped or delayed
1–2PendingUsually fine for small amounts
3–5SecureGood for most use cases
6+FinalNearly impossible to reverse

Low-fee transactions may take longer to confirm, especially during high network traffic.


❗ Red Flags to Watch For

🚩 Unconfirmed Too Long

  • May have used too low of a fee
  • May eventually be dropped

🚩 Wrong Address

  • Always double-check before sending
  • Watch out for clipboard hijackers (malware that changes the address)

🚩 Fake Screenshots

  • Scammers forge wallet screenshots
  • Always verify on-chain using a blockchain explorer

🧠 Pro Tips

  • Bookmark official explorers (blockstream.info, mempool.space)
  • Only trust real blockchain data, not images or messages
  • Use wallets that show TXID & confirmation status
  • Choose wallets with Replace-by-Fee (RBF) to boost stuck transactions

🔗 Quick Links

ActionLink
Track a transactionblockstream.info
Check network trafficmempool.space
Bitcoin confirmation infoBitcoin Wiki

📅 What’s Next?

Once you’re confident verifying Bitcoin transactions, consider learning:

  • How to use fee estimators before sending
  • What RBF and CPFP are
  • How to rebroadcast stuck transactions
  • How to verify Lightning Network payments

🚪 Final Reminder from 1Bitcoin.ca

  • We will never send you a TXID or address by text, social media, or messaging apps
  • You will only receive transaction details in your dashboard or via official @1bitcoin.ca emails
  • If you’re unsure about a transaction, email help@1bitcoin.ca or use your dashboard chat

🤔 Final Thought

Bitcoin gives you full control — but also full responsibility.

Learning to verify your own transactions helps you:

  • Avoid scams
  • Confirm payments independently
  • Gain confidence using Bitcoin

Don’t trust. Verify.

Especially with your hard-earned Bitcoin.

Disclaimer: 1Bitcoin.ca does not endorse any third-party tools or services mentioned above. Use them at your own discretion and always do your own research.

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