How to check if a Bitcoin wallet has sent or received money?

Bitcoin is a cryptocurrency that is used to send and receive money. It is decentralized and not controlled by any government or central bank. It is a peer-to-peer network that allows users to send and receive money without needing a third party. One thing you might be interested in is if it is possible to know whether a Bitcoin wallet has sent or received money. These steps can be used to see if a Bitcoin wallet has had any transactions.

In this tutorial, we will show you how to check transactions on a Bitcoin wallet. You can use the same process to check Bitcoin, Bitcoin Cash, and Ethereum wallets.

How to check if a Bitcoin wallet has sent or received money?

To know if a Bitcoin wallet has sent or received money, you need to check its transactions in a Blockchain Explorer. A Blockchain Explorer is a website that allows you to see the coming-and-going transactions in the Bitcoin world. You can use any Blockchain Explorer to check if a Bitcoin wallet has sent or received money.

The most popular is Blockchain Explorer, in www.blockchain.com .

Using the Blockchain Explorer

To start your search, open the Blockchain Explorer , then enter the Bitcoin wallet address you want to check in the search bar at the top of the site. The wallet should look like this:

bc1qh4vw0cz6gafw8qwp5mj2v8qv7dy09mmdxpdgkt

You can find this “address” in your Wallet application, or if you see them on the open internet, you can also snoop around to see the transactions sent and received and how much they were worth. The address is similar to a standard Bank Account number.

The difference between traditional banking and cryptocurrencies is that transactions are indeed public. While that’s true, there is no way to associate an “address” (the account) to an individual (unless that person publicly acknowledges the account or wallet as theirs), hence why it’s considered anonymous.

Interpreting the results

Once you have pasted the address in the search bar, you will see a page with the transactions associated with that address. You can see the amount of money sent or received, the date and time of the transaction, and the transaction ID.

For example, the Bitcoin wallet shared above has received several transactions, the most recent for around 1.2914 BTC (or around US$36,677 at the time of writing) from another account. The same account has sent 0.8609 BTC to a different account valued at approximately US$24,451.

Can I know who those wallets/accounts belong to?

Due to the nature of cryptocurrencies, it is not possible to know who owns a wallet unless the owner is either registered with a wallet company that reports these details to the authorities or to third parties. The only way to know who owns a wallet is if the owner of the wallet publicly shares the wallet address. For example, if you are a celebrity and you want to receive donations, you can share your wallet address with your fans.