For Ethereum wallet developers, providing practical services to users is crucial. For instance, a user might want to monitor a specific address and receive notifications for every transaction that occurs. Investors can also use address monitoring APIs to track fund movements, helping them understand the investment trends of large holders, among other applications.
👉 Explore real-time monitoring tools to stay updated on blockchain transactions efficiently.
How to Monitor Specific Addresses on Ethereum or Tron?
Address monitoring refers to the process where, once a deposit or withdrawal (receipt or payment) transaction of a monitored address is successfully recorded on the blockchain, the Tokenview API posts relevant transaction details to your designated Webhook URL via a webhook.
Step 1: Register a Developer Account
To begin monitoring addresses, you first need to register for a Tokenview developer account. This account grants access to the API system where you can manage your monitoring settings and preferences.
Step 2: Set Up the Webhook URL for Address Monitoring
After registering and logging into the API system backend, navigate to the "Address Track" section and click on "Settings." It is essential to set up the "Receive URL" correctly; failure to do so will result in not receiving balance change notifications.
Choose the cryptocurrency you want to monitor and enter the address to be tracked. Currently, the Tokenview address monitoring API supports BTC, ETH (including all ERC-20 tokens), and TRX (including all TRC-20 tokens). For monitoring USDT ERC-20 addresses, select ETH; for USDT TRC-20 addresses, select TRX.
Step 3: Add or Remove Monitored Addresses
Users can directly add or delete addresses in the Tokenview API node service system backend. Without changing the receive URL, select the cryptocurrency and input the address to monitor, then click "Add." The managed addresses can be viewed in the call management page, where they can also be deleted if needed.
Step 4: Receive Pushed Webhook Records
Once the above steps are completed, you will receive messages whenever a monitored address performs a transfer operation. These records can be filtered and viewed in the API node service system backend.
Alternatively, you can use the API documentation link to view them directly in a browser by adjusting the parameters for the specific cryptocurrency and page number.
By following these four straightforward steps, you can effectively monitor Bitcoin, Ethereum, or Tron addresses. This process enables real-time tracking and enhances your ability to respond promptly to transactional changes.
Frequently Asked Questions
What cryptocurrencies are supported by the address monitoring API?
The API currently supports BTC, ETH (including ERC-20 tokens like USDT), and TRX (including TRC-20 tokens). This coverage allows for comprehensive monitoring of major blockchain networks and their associated digital assets.
How do I set up the Webhook URL correctly?
After logging into your account, go to the "Address Track" settings and enter a valid URL endpoint that can receive POST requests. Ensure the URL is active and properly configured to avoid missing notifications.
Can I monitor multiple addresses simultaneously?
Yes, you can add multiple addresses for monitoring within the same account. Simply repeat the process of selecting the cryptocurrency and entering each address, then manage them through the call management interface.
What happens if I delete a monitored address?
Once deleted, you will no longer receive notifications for transactions related to that address. The change takes effect immediately, and you can always re-add it later if needed.
Is there a free trial available?
Yes, Tokenview offers a free trial for users to test the address monitoring API. This allows you to evaluate its functionality and ensure it meets your requirements before committing.
How reliable are the transaction notifications?
Notifications are sent promptly after transactions are confirmed on the blockchain, ensuring accuracy and timeliness. The system is designed for high reliability to support critical monitoring needs.
By leveraging these tools, you can enhance your blockchain operations, whether for development, investment tracking, or security purposes. 👉 Get advanced monitoring methods to optimize your workflow and stay ahead in the dynamic crypto space.