A beginner’s guide to viewing crypto activity on the Ethereum blockchain
As a Bankful merchant accepting ETH payments, you’re now part of the Web3 economy—where transactions aren’t just processed, they’re published on a public blockchain ledger for full transparency.
That’s where Etherscan comes in.
Whether you’re receiving ETH from a customer, withdrawing from your Bankful Vault, or reviewing your wallet activity, Etherscan lets you see everything happening on-chain—clearly, publicly, and in real time.
What Is Etherscan?
Etherscan is a free website that acts like a “blockchain explorer” for the Ethereum network. Think of it like online banking for crypto—except instead of logging into a private bank portal, you’re viewing public transaction history anyone can verify.
With Etherscan, you can:
- ✅ View incoming and outgoing ETH payments
- ✅ Confirm the status of a transaction (e.g., pending, confirmed)
- ✅ Check gas fees
- ✅ See wallet balances and histories
- ✅ Track the status of your Vault withdrawals
How to Use Etherscan with Your Bankful Transactions
After you withdraw ETH from your Vault or receive a crypto payment, Bankful will show a Transaction Hash (a long string of letters and numbers). This is your unique receipt on the blockchain.
Here’s how to look it up:
Step 1: Copy the Transaction Hash
- In your Bankful Dashboard, go to the Payouts or Transaction History section.
- Click the eye icon 👁️ next to the transaction.
- This will open Etherscan in a new tab (or you can copy the hash manually and paste it into etherscan.io).
Step 2: View the Transaction
Once on Etherscan, you’ll see:
- Status: Confirmed or Pending
- From and To: The wallet addresses involved
- Amount: How much ETH was sent
- Gas Fee: The fee paid to process the transaction
- Block: The “block number” where the transaction was recorded
Step 3: Confirm Everything Looks Right
- Make sure the “To” address matches your MetaMask wallet (you can view your address by opening MetaMask and copying it).
- If the transaction says “Success”, your ETH is already in your wallet.
Why This Matters
Unlike traditional payment systems, Ethereum transactions are fully transparent. You don’t have to rely on a processor’s status page—you can verify everything yourself, in real time, using Etherscan.
This gives you:
- Trust (every transaction is trackable)
- Security (you control the wallet receiving funds)
- Visibility (no hidden delays or missing funds)
Bonus: Viewing a Wallet Instead of a Transaction
Want to see all activity for a wallet?
- Copy your MetaMask wallet address
- Paste it into https://etherscan.io
- You’ll see a full breakdown of:
- All incoming/outgoing transactions
- Current ETH balance
- History of gas fees
- Any tokens or assets held in that wallet
Need Help?
If something looks confusing or you’re not sure how to read a transaction, don’t worry—we’re here to help. Just email us at support@bankful.com and our team will walk you through it.
Ready to try it out?
Click here to explore the public Ethereum blockchain and view your recent crypto transactions.