ERC20 transactions are transactions involving tokens that follow the ERC20 standard on the Ethereum network. To check ERC20 transactions, you can use a blockchain explorer that supports the Ethereum network such as Etherscan. Here are the steps you can follow:
1. Get the Transaction Hash
The transaction hash (transaction hash or txid) is a unique identification for every transaction made on the blockchain. You can get this transaction hash from the platform where you made the transaction, such as a digital wallet or crypto exchange. To check the TX ID / hash made on Indodax, you can follow the steps listed on the following link. Click here.
2. Visit Etherscan
Go to the Etherscan website at https://etherscan.io. Etherscan is one of the most popular blockchain explorations for checking transactions and other information on the Ethereum network.
3. Enter the Transaction Hash
On the main page of Etherscan, you will see a search box. Enter your transaction hash into the box and press the “Search” or “Enter” button.
4. View Transaction Details
After searching, you will be taken to a page that displays the transaction details. The information you can view includes:
Transaction Status: Whether the transaction was successful or failed.
Block Number: The block number that the transaction belongs to.
Timestamp: The time the transaction was made.
Sender and Recipient: The wallet addresses of the sender and receiver.
Amount of Tokens Transferred: The number of ERC20 tokens transferred in the transaction.
Gas Fee: The fee charged for the transaction.
5. Checking the Tokens Involved
If you want to see more information about the ERC20 tokens involved, click on the token name in the transaction details. This will take you to a page that displays details about the token, including the token's contract, total supply, and recent transactions.
Conclusion
Checking ERC20 transactions on a blockchain is quite simple by using a blockchain explorer like Etherscan. By following the steps above, you can easily verify transaction status and details, ensuring security and transparency in the use of your ERC20 tokens.
Using a blockchain explorer like Etherscan helps you understand and control your crypto transactions better, providing a sense of security in transacting in the rapidly evolving crypto world.