Crypto transaction
Author: r | 2025-04-25
Cryptocurrency users often want to track crypto transactions. You can even track crypto transactions in progress. Blockchain scanners allow users to view the crypto transaction history of an entire blockchain. Viewing crypto transactions can give an insight into transaction fees and the activity of other crypto holders.
Transaction Status: Understanding Crypto Transactions in
Some cases, the disparity can be significant. Check the numbers carefully before authorizing a transaction.ConclusionCrypto bridges offer a powerful way to access new dApps or reduce transaction costs when you send crypto or interact with smart contracts. The same transaction that costs several dollars on Ethereum might cost a few pennies on a Layer 2 network like Base or Arbitrum. However, to access these networks, you’ll need to withdraw from an exchange directly to those networks or use a bridge if you already have assets on another network you’d prefer to use.Bridging comes with costs, however, including transaction fees and possible slippage. You should also be aware of the security risks and research the bridge you’re considering before sending any funds.FAQsWhat is the benefit of a crypto bridge?A crypto bridge lets you transfer supported cryptocurrency from one chain to another. This might let you access additional decentralized applications or save on transaction fees.What happens when a crypto bridge is hacked?When a crypto bridge is hacked or exploited, the stolen funds are no longer available for bridging. This means users may not be able to withdraw from the bridge.What is the difference between wrapping and bridging?Bridging refers to sending compatible tokens to another chain. For example, you can send ETH from Ethereum Mainnet to the Arbitrum or Base chain. By contrast, wrapping refers to locking a coin or token and issuing a new token of equivalent value. The best-known example of wrapped coins is wBTC, which carries the same value as BTC because the custodian locks the BTC used to create wBTC until the wBTC is redeemed for native Bitcoin.Are crypto bridges safe to use?Crypto bridges have become a common target for exploits, with several high-profile hacks leading to billions of dollars in losses collectively. Look for bridges with a solid audit history by leading crypto security firms.ReferencesEthereum Average Transaction Fee (I:EATFND) (ycharts.com)Quickstart: Arbitrum bridge (arbitrum.io)Crypto Users Lost $2B to Hacks, Scams and Exploits in 2023, De.Fi Says (coindesk.com)Ronin Network: What a $600m hack says about the state of crypto (bbc.com)$570 million worth of Binance’s BNB token stolen in another major crypto hack (cnbc.com)Oasis Exploits Its Own Wallet Software to Seize Crypto Stolen in Wormhole Hack (coindesk.com) Cryptio OverviewSupported data:Supported blockchains: One-click integrations with:Notable clients: Pricing:Centralized exchangesOnchain transactionsCustodian-held fundsdAppsCustom .csv files.Ethereum, EVM chains, Solana, Bitcoin, Stacks, Tezos, Polkadot, Mina, Dogecoin, BCH, & more.XeroQuickBooksNetSuiteRequest FinanceFireblocksQredoLedger Enterprise.MetamaskUniswapBancolombiaChivo (El Salvador).Starts at $449/ month.What Is Cryptio? Cryptio is a powerful crypto accounting platform designed to make accounting and tax reporting easier for financial institutions, corporations, and crypto-focused businesses.It helps create clear, auditable records by pulling together data from DeFi, custody, and exchange platforms. Cryptio integrates this data with traditional accounting software like Xero or QuickBooks, making it easier for businesses in the crypto space to manage accounting, treasury, and tax filings.Cryptio’s technology connects on-chain data to a customer’s regular accounting systems, solving the problem of dealing with decentralized and scattered financial information.The platform is already used by well-known companies like MetaMask, Uniswap, and Bancolombia.Cryptio Key Features Aggregate all your transactions and assets in one place: Cryptio provides a platform to manage and track all your crypto transactions and assets in one place. It automatically pulls transaction history from your wallets, exchanges, and custody services, and also tracks DeFi activities. The platform ensures that all transactions are automatically audited for accuracy.GAAP & IFRS-compliant valuation system: Cryptio’s valuation system follows GAAP and IFRS standards, ensuring that transaction prices are accurately recorded from exchanges at the time of the transaction. It provides detailed transaction data and partners with reliable sources like Kaiko and CoinGecko for accurate pricing.Automated labeling and transaction reconciliation: The platform automates the process of categorizing and reconciling transactions, making it easy to assign them to the right accounts, identify counterparties, and manage invoices and payments.Integrations with fiat accounting & ERP systems: Cryptio seamlessly integrates with traditional accounting systems like Xero and QuickBooks, allowing you to sync your crypto activities with fiat accounting practices through an advanced API.Visualize and report on cryptoCrypto Transaction Monitoring: 3 Best Crypto Transaction Tracker
$0.001 1-2 seconds Zcash ZEC $749 million No $0.02 75 seconds (1 confirmation) *Data as of November 18, 2024. How to save on crypto transaction fees?If you find that you are paying a lot in crypto transaction fees, there are a few things you can do to decrease your spending:Wait for more favorable network conditions: If the cryptocurrency you're using is experiencing network congestion and the transaction you want to send is not urgent, you can simply wait until demand for transactions on the network settles down to normal levels. Keep in mind that this could sometimes take a few days.Consider using internal transfers on a crypto exchange: If you're fine with keeping some of your cryptocurrency on a crypto exchange, you can save a lot on fees by taking advantage of internal crypto transfers offered by some exchanges (such as Binance). For example, if you have a friend or business partner that you're making a lot of transactions with, you could both make an account on the same cryptocurrency exchange and send cryptocurrency between your exchange accounts with zero (or minimal fees). Choose a different cryptocurrency: Some cryptocurrencies are inherently more expensive to use due to their architecture and underlying technology. For example, mainnet BTC and ETH transfers will always be more expensive than mainnet XRP transfers unless there are some very unexpected developments in the future. Another way to save big on crypto transaction fees is to use layer 2 solutions. Let's learn more.Use layer 2 solutions —. Cryptocurrency users often want to track crypto transactions. You can even track crypto transactions in progress. Blockchain scanners allow users to view the crypto transaction history of an entire blockchain. Viewing crypto transactions can give an insight into transaction fees and the activity of other crypto holders. Are crypto-to-crypto transactions taxable? Moving your cryptocurrency between wallets should not be confused with crypto-to-crypto transactions, where one cryptocurrency is traded for another. Unlike wallet-to-wallet transfers, crypto-toFIO Crypto Handles: Simplify Crypto Transactions
IPhone Screenshots The 1inch Wallet is a multichain non-custodial DeFi crypto wallet with an easy interface for secure storage and transactions.The 1inch Wallet is a fast and secure non-custodial DeFi crypto wallet. Use the app to store, send, receive crypto on Ethereum, BNB Chain, Polygon, Optimistic Ethereum (OΞ), Arbitrum, Gnosis Chain, Avalanche, Fantom, Aurora and Klayton in a protected and efficient way. The wallet supports hundreds of tokens across all of these networks, including ETH, BNB, MATIC, AVAX, DAI, USDT, USDC.User-friendliness:Full iOS 16 compatibility.EIP-1559 support.Custom token support - search for tokens or add them manually.Integrated fiat-on ramp - easily buy crypto with fiat.Full NFT Domains support - ENS and UD.Versatility:Convenient import of popular crypto wallets by private key & seed phrase scanning with the phone camera directly in the app.Web3 browser - allowing in-app access to any content on the web.Full-featured WalletConnect integration - connect the 1inch Wallet to dApp in any browser on any device.HD Wallets - the 1inch Wallet supports BIP-44, Ledger Live and custom derivation paths.News - keep up with the latest news in the crypto world.Top level security:Protection from front-running and "sandwich attacks".iCloud backup.Apple Secure Enclave support.Biometric authentication.Passcode lock.Advanced crypto features:Convenient transaction approval on any device, including Apple Watch, without having to log in every time.Support for EIP-681 payment requests, which enables users to pay by URLs.Ability to cancel sent transactions or adjust gas prices to speed up the execution of transactions.Instant approval and signing of transactions, regardless of their size.Advanced transaction management - send raw hex data and set up a gas limit.Flashbot transaction support.Download the 1inch Wallet to enjoy convenient and efficient DeFi operations!Come say hello! Twitter: Telegram: Facebook: Discord: What’s New Mar 12, 2025Version 3.5.0 - Meet transaction templates: Save your frequent transactions as templates and execute them in just a few clicks.- Linea support added: Enjoy fast, secure, and cost-efficient transactions on this L2 network.- Auto-detection of tokens: Tokens with a balance are now detected automatically, making it easier to review and add them to your wallet — no more manual search needed. Ratings and Reviews Great alt to MM with a FeaturesSpecial FeaturesTrezor WalletHardwareOver 1,600 (incl. Bitcoin, Ethereum, Binance coin, Tether, Dogecoin)USB (Desktop)PIN codes, passphrases, offline cold storageOffline cold storage, transaction signingLedger Nano XHardwareOver 1,800 digital coins and tokensUSB (Mobile and Desktop)Secure Element chip, Ledger Live appBuy and exchange cryptocurrencies, Ledger Live appExodus WalletSoftwareBitcoin, Ethereum, Ripple, Monero, Litecoin, and moreN/AEncrypted private keys, transaction data, Face/Touch IDCryptocurrency portfolio tracking, real-time chartsMetamaskSoftwareVarious (best for Ethereum and ERC-20 tokens)Browser extension, Mobile appKey vault, secure login, token exchangeBuilt-in swap feature, gas fee customizationCoinbase WalletSoftwareVarious (incl. crypto and NFTs)Mobile appN/AStore crypto and NFTs, participate in ICOsTrust WalletSoftwareAll forms of digital assets and blockchainsMobile appOpen-source, decentralizedUser-friendly, free-to-useMyceliumSoftwareFocus on Bitcoin, supports other cryptocurrenciesMobile appCustom transaction fees, hardware wallet supportControl over transaction fees, offline storageElectrumSoftwarePrimarily Bitcoin, supports other cryptocurrenciesN/ACustom transaction fees, hardware wallet integrationCustom transaction fees, high securityWhat is the best cryptocurrency wallet?Considered the best crypto wallet in the market, Trezor comes with backup and regular features, great customer support, regular firmware updates, and works with various cryptocurrencies.What is the safest crypto wallet?Cold storage wallets are considered the best option in terms of security. For example, the Ledger Nano X is equipped with a Secure Element chip that is fashioned after technology used in high-end security solutions such as credit cards and passports.Do you need a cryptocurrency wallet?If you want to invest in cryptocurrency, it is best to invest in a crypto wallet as it offers you more control over your investments. You do, however, have the option to use brokerages such as Robinhood to facilitate selling and buying Bitcoin or payment services such as PayPal, though these services offer limited selections of crypto coins and trading tools. Meanwhile, when trading in cryptocurrencies, make sure you abide by state and federal tax regulations.For additional insights check out our article on do you have to pay taxes on cryptocurrency. Additionally, you can find a great selection of cryptocurrency exchanges check out our article on the best cryptocurrency apps.Is there a wallet that holds all cryptocurrency?With the continuous rolling out of cryptocurrencies into the market, each comes with its own protocols and case uses; as such, there is no universal cryptocurrency wallet. As such, there are several multi-cryptocurrency wallets in the market that can accommodate popular cryptocurrencies these include Ledger, Coinomi, Trezor, Freewallet, and Exodus.How do you create a cryptocurrency wallet?You can create a cryptocurrency wallet within a few minutes by following these simple rules:Download a wallet app based on particularTransaction ID (TXID) in Crypto
Blockchain technology enables very low-cost transactions, with cryptocurrencies like Solana, XRP, Stellar, and TON allowing users to send substantial amounts of money at near-zero fees.Cryptocurrencies serve as a unique form of digital money that can be transferred globally 24/7 with minimal restrictions, provided the necessary transaction fee is paid. Whether you're sending crypto to your neighbor or to someone on the other side of the world, the fee remains consistent.While the freedom that cryptocurrencies offer is undoubtedly appealing, the most popular options aren’t always the most affordable. Bitcoin and Ethereum, for instance, are frequently criticized for their high transaction fees, which can exceed $20 during times of heavy network congestion.However, high fees on Bitcoin and Ethereum shouldn’t discourage you from exploring the crypto space. There are numerous alternative cryptocurrencies available that offer significantly lower transaction costs.List of cryptocurrencies with the cheapest transfer fees: Solana – A highly scalable platform for smart contracts XRP – An efficient cryptocurrency for payments Stellar – An efficient cryptocurrency for payments and decentralized trading Toncoin – A scalable crypto that's closely integrated with Telegram TRON – A smart contracts platform with low fees Algorand – A highly efficient smart contracts platform Dogecoin – A meme coin with low transaction fees Litecoin – A more efficient alternative to Bitcoin Aptos – A scalable smart contract platform powered by the Move language NEAR Protocol – A smart contracts platform with sharding technology Nano – A cryptocurrency with zero transaction fees IOTA – A cryptocurrency with no transactionVerifying Crypto Transactions: A Simple
Modified on: Fri, 5 Jan, 2024 at 10:06 AM Use your CoinZoom Visa Card and instantly convert crypto to fiat, allowing global purchases at +53M locations.See this web page for additional information about the CoinZoom Visa Debit card: See this article for instructions on ordering a CoinZoom Visa Debit card. Using the CardIn order to use the CoinZoom Visa card, go into your CoinZoom Portfolio and choose the crypto wallet you want your purchases to use. Once you've chosen the wallet, the card will automatically convert the crypto at the point of sale at any merchant or any ATM that accept the card. When you swipe the card our system will confirm that there is enough available funds in the wallet to pay for the amount requested. If there's enough available funds then the transaction will be approved. As the transaction is approved CoinZoom creates a market order for the amount of coin in the designated wallet to cover the purchase.If there are not enough funds in the designated wallet, the transaction will be denied and you'll need to choose another crypto. For some purchases, like at a restaurant where a tip is often added to the bill after the transaction is approved, the tip amount may not show on the customer's account until the next day.Pre-Authorization When swiping your CoinZoom Visa Debit Card at many locations the merchant requests authorization for a specified fiat amount. If you were to purchase a five dollar cup of coffee, for example, they would request five dollars. If you had enough value in your crypto wallets CoinZoom would authorize that purchase and initiate a market order for the amount of crypto to satisfy the payment.But sometimes the merchant isn't sure how much the final purchase will be, so they request a "pre-authorization" for an additional dollar amount. For example, gas pump transaction may request a "pre-authorization" for $80.00 even though you might only be buying $30. After you finish pumping gas a "completion transaction" message is sent to CoinZoom with the actual amount to charge and CoinZoom makes the charge based on the actual amount sent. Keep in mind that a pre-authorization may take up to a day to fully resolve.Preauthorizations usually happen at gas stations, hotels and rental car agencies.International Currency ConversionVisa automatically converts the currency when using a CoinZoom Visa Debit card to pay USD for an international purchase made in a different currency (EURO for example). You can find the conversion rates on Visa's site here: Did you find it helpful? Yes NoSend feedback Sorry we couldn't be helpful. Help us improve this article with your feedback. Related Articles. Cryptocurrency users often want to track crypto transactions. You can even track crypto transactions in progress. Blockchain scanners allow users to view the crypto transaction history of an entire blockchain. Viewing crypto transactions can give an insight into transaction fees and the activity of other crypto holders. Are crypto-to-crypto transactions taxable? Moving your cryptocurrency between wallets should not be confused with crypto-to-crypto transactions, where one cryptocurrency is traded for another. Unlike wallet-to-wallet transfers, crypto-toHow To Dispute a Crypto Transaction?
A role. For example, bridging from Ethereum Mainnet to the Base network typically takes a few minutes using the superbridge dApp. However, bridging from Base to Ethereum takes up to seven days. Arbitrum works similarly, requiring up to seven days for funds to settle before you can claim your ETH on Ethereum Mainnet. By comparison, bridging from ZKsync to Ethereum takes up to 24 hours.Alternatives like Jumper.exchange, which is powered by the Li.fi protocol, utilize liquidity pools to power cross-chain swaps. This method often allows you to bridge crypto between supported blockchains in seconds.How Much Does It Cost to Bridge Crypto?The cost of bridging crypto can vary greatly depending on the bridge you choose and the direction of the transfer. In many cases, gas fees are paid on the sending network and can be less than a penny or two on low-cost networks like the Base chain when sending to other low-cost chains.However, some bridges, such as the Arbitrum bridge, require that you claim your assets on the receiving chain for Arbitrum in a separate transaction. This results in two transaction fees, with the Ethereum fee being much higher than the Arbitrum fee.In the example below, it costs $6.28 to bridge ETH from Ethereum Mainnet to the Arbitrum One Layer 2 network. This amount can vary depending on network congestion. However, the amount of the transaction does not affect the cost in this case.Many bridges that use liquidity pools can be less expensive, although these can be costly in other ways. The primary cost concern centers on slippage, which refers to a divergence in the input and output of a transaction. For example, you might lose some value in the exchange rate. In the example below, a transfer of 0.3 ETH could result in as little as 2.993 ETH on the receiving chain due to slippage.Liquidity may be thin depending on the assets you swap across chains, resulting in higher slippage and lower transaction output value. Swapping to Ethereum Mainnet from a Layer 2 chain can result in considerable costs due to slippage. Always compare fees and output amounts to get the best value.Risks of Bridging CryptoBridging crypto assets from one chain to another brings several benefits, such as lower fees and access to a new app ecosystem. However, bridging crypto also comes with some risks. In 2023, the industry lost $2 billion to hacks, exploits, and scams. While this amount is lower than 2022 by more than half, it’s likely also underreported. Knowing the risks before bridging crypto or connecting your crypto wallet becomes essential.Bridging Between Incompatible NetworksWhile Layer 1 and Layer 2 networks support the same types of assets, sending assets across incompatible networks typically requires a tokenizedComments
Some cases, the disparity can be significant. Check the numbers carefully before authorizing a transaction.ConclusionCrypto bridges offer a powerful way to access new dApps or reduce transaction costs when you send crypto or interact with smart contracts. The same transaction that costs several dollars on Ethereum might cost a few pennies on a Layer 2 network like Base or Arbitrum. However, to access these networks, you’ll need to withdraw from an exchange directly to those networks or use a bridge if you already have assets on another network you’d prefer to use.Bridging comes with costs, however, including transaction fees and possible slippage. You should also be aware of the security risks and research the bridge you’re considering before sending any funds.FAQsWhat is the benefit of a crypto bridge?A crypto bridge lets you transfer supported cryptocurrency from one chain to another. This might let you access additional decentralized applications or save on transaction fees.What happens when a crypto bridge is hacked?When a crypto bridge is hacked or exploited, the stolen funds are no longer available for bridging. This means users may not be able to withdraw from the bridge.What is the difference between wrapping and bridging?Bridging refers to sending compatible tokens to another chain. For example, you can send ETH from Ethereum Mainnet to the Arbitrum or Base chain. By contrast, wrapping refers to locking a coin or token and issuing a new token of equivalent value. The best-known example of wrapped coins is wBTC, which carries the same value as BTC because the custodian locks the BTC used to create wBTC until the wBTC is redeemed for native Bitcoin.Are crypto bridges safe to use?Crypto bridges have become a common target for exploits, with several high-profile hacks leading to billions of dollars in losses collectively. Look for bridges with a solid audit history by leading crypto security firms.ReferencesEthereum Average Transaction Fee (I:EATFND) (ycharts.com)Quickstart: Arbitrum bridge (arbitrum.io)Crypto Users Lost $2B to Hacks, Scams and Exploits in 2023, De.Fi Says (coindesk.com)Ronin Network: What a $600m hack says about the state of crypto (bbc.com)$570 million worth of Binance’s BNB token stolen in another major crypto hack (cnbc.com)Oasis Exploits Its Own Wallet Software to Seize Crypto Stolen in Wormhole Hack (coindesk.com)
2025-04-19Cryptio OverviewSupported data:Supported blockchains: One-click integrations with:Notable clients: Pricing:Centralized exchangesOnchain transactionsCustodian-held fundsdAppsCustom .csv files.Ethereum, EVM chains, Solana, Bitcoin, Stacks, Tezos, Polkadot, Mina, Dogecoin, BCH, & more.XeroQuickBooksNetSuiteRequest FinanceFireblocksQredoLedger Enterprise.MetamaskUniswapBancolombiaChivo (El Salvador).Starts at $449/ month.What Is Cryptio? Cryptio is a powerful crypto accounting platform designed to make accounting and tax reporting easier for financial institutions, corporations, and crypto-focused businesses.It helps create clear, auditable records by pulling together data from DeFi, custody, and exchange platforms. Cryptio integrates this data with traditional accounting software like Xero or QuickBooks, making it easier for businesses in the crypto space to manage accounting, treasury, and tax filings.Cryptio’s technology connects on-chain data to a customer’s regular accounting systems, solving the problem of dealing with decentralized and scattered financial information.The platform is already used by well-known companies like MetaMask, Uniswap, and Bancolombia.Cryptio Key Features Aggregate all your transactions and assets in one place: Cryptio provides a platform to manage and track all your crypto transactions and assets in one place. It automatically pulls transaction history from your wallets, exchanges, and custody services, and also tracks DeFi activities. The platform ensures that all transactions are automatically audited for accuracy.GAAP & IFRS-compliant valuation system: Cryptio’s valuation system follows GAAP and IFRS standards, ensuring that transaction prices are accurately recorded from exchanges at the time of the transaction. It provides detailed transaction data and partners with reliable sources like Kaiko and CoinGecko for accurate pricing.Automated labeling and transaction reconciliation: The platform automates the process of categorizing and reconciling transactions, making it easy to assign them to the right accounts, identify counterparties, and manage invoices and payments.Integrations with fiat accounting & ERP systems: Cryptio seamlessly integrates with traditional accounting systems like Xero and QuickBooks, allowing you to sync your crypto activities with fiat accounting practices through an advanced API.Visualize and report on crypto
2025-04-14$0.001 1-2 seconds Zcash ZEC $749 million No $0.02 75 seconds (1 confirmation) *Data as of November 18, 2024. How to save on crypto transaction fees?If you find that you are paying a lot in crypto transaction fees, there are a few things you can do to decrease your spending:Wait for more favorable network conditions: If the cryptocurrency you're using is experiencing network congestion and the transaction you want to send is not urgent, you can simply wait until demand for transactions on the network settles down to normal levels. Keep in mind that this could sometimes take a few days.Consider using internal transfers on a crypto exchange: If you're fine with keeping some of your cryptocurrency on a crypto exchange, you can save a lot on fees by taking advantage of internal crypto transfers offered by some exchanges (such as Binance). For example, if you have a friend or business partner that you're making a lot of transactions with, you could both make an account on the same cryptocurrency exchange and send cryptocurrency between your exchange accounts with zero (or minimal fees). Choose a different cryptocurrency: Some cryptocurrencies are inherently more expensive to use due to their architecture and underlying technology. For example, mainnet BTC and ETH transfers will always be more expensive than mainnet XRP transfers unless there are some very unexpected developments in the future. Another way to save big on crypto transaction fees is to use layer 2 solutions. Let's learn more.Use layer 2 solutions —
2025-04-23