Bscscan.com is the leading blockchain explorer on the Binance smart chain (BSC) network, containing on-chain data to monitor all activities in the Binance smart chain (BSC) ecosystem. With Bscscan, you can get information and keep a close watch on all your favorite DeFi projects built on the BSC network.
We often address the blockchain as a public, transparent ledger where nothing is hidden. However, without a blockchain explorer, the activities of a blockchain would not be publicly visible.
Below are some of the things that can be done with the Bscscan explorer:
1. Verifying the status of transactions to see whether it was successful, failed, or pending.
2. Checking blockchain information (i.e., latest blocks added, average block time, average transaction fees, network utilization, daily active addresses.)
3. Checking tokens and wallet information of any public address.
4. Exploring the availability of tokens.
5. Reading smart contracts to ensure that you aren’t signing a fraudulent contract.
7. Checking NFT transactions on the BSC network.
& many more.
All these are publicly available to any internet user without requiring a sign-up or a fee.
Check Transaction Status on Bscscan:
After making any crypto transaction on the Binance Smart Chain (BSC) network, you will be provided with a transaction hash. This transaction hash is similar to a “confirmation number” you’ll receive when performing transactions on traditional financial/banking systems.
With the transaction hash, you can check the state of a BSC network transaction by inputting the hash in the search box on the Bscscan homepage.
The explorer immediately shows the transaction details, and we can see that the transaction is a successful swap transaction worth $373.66; a $0.30 transaction fee was paid. (image below)
How to Check Token and Wallet Information of any Public Address on Bscscan:
The procedure is similar to the above process. Simply type the public address in the search box, and you’ll be provided with transaction history, assets, balances, and other information associated with the wallet; an example is shown below.
How To Check Blockchain Information On Bscscan.com
There is almost no limit to the information obtained from a blockchain explorer. Bscscan.com allows you to explore the BSC blockchain to get needed information at any time. From the Bscscan homepage, look toward the top right corner and navigate the buttons to check blockchain information. Details are explained below.
Blockchain Tab: From this tab, you can check the top accounts, all transactions made on the BSC network, details of new blocks being mined, BSC blockchain forks, etc.
Validators Tab: From this tab, you can see details of the top validators and their staked tokens.
Tokens Tab: From this tab, you can see details of BEP-20 tokens (Fungible tokens), ERC-721 tokens (NFTs), and ERC-1155 tokens (Multi-standard tokens)
Resources Tab: From this tab, you can check statistics and charts of daily active addresses, average transaction fees, network utilization, average block time, etc.
How To Estimate BSC Gas Prices Using Bscscan.com
Bscscan.com allows users to explore all information relating to gas fees on the Binance Smart Chain (BSC) ecosystem. This is a new feature that shows the information on the average gwei, block size, average utilization, and top 25 gas spenders and guzzlers.
To access this feature, simply visit the Bscscan Gas Tracker page, from where you can find the details mentioned above.
How To Check if a BSC Token’s Contract is Verified via Bscscan.com
Scams are common in the DeFi space – not because the blockchain is easily compromised, but because the attackers exploit people's ignorance to create malicious smart contracts.
If you are not a developer, it may be difficult to identify malicious lines of code in a smart contract, but one way to start is to check if the contract is verified. Below are the steps involved to check the verification status of a BSC network token.
From the Bscscan.com homepage, search for the desired token by name or by contract address.
Select the correct option from the list, and you will be taken to the token page.
From the token page, click on the token contract, and you will be redirected to the contract page.
From the contract page, you will see a little green checkmark to confirm that the token is verified. Unverified contracts will not have a checkmark, and it is inadvisable to interact with those contracts, as they could be malicious.
How to Check and Revoke BSC smart Contracts via Bscscan.com
If you have previously approved smart contracts on the BSC network via your wallet, you can see a list of these contracts via bscscan.com. The explorer also provides a way to revoke contracts; however, it will require you to connect the said wallet.
To access this feature, visit the Bscscan Token Approval page, input your wallet's address, and a list of all your signed contracts will be shown.
You will get information on the tokens approved in the contract, the approved amount of coins to be spent, and the last time the contract was updated.
We hope that we have provided you with enough insights into navigating the Binance smart chain via Bscscan.com. Alternatively, you can explore the BSC network via BitQuery explorer or BSC explorer.
No information on the blockchain is hidden; hence, there is no limit to the information you can get from a blockchain explorer. So, keep exploring bscscan.com and get familiar with the explorer.