I'm creating an exchange like service, I need some for showing all transaction to user like deposit and withdrawal but I'm not using core wallets of any coin, using paper wallets for wallet creation and I want to show balance of user and transaction. So, is there any API available for so that I can fetch such details of user? Please give such API for Altcoins also or provide me name of any wallet through which my task can be completed.
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1 Answer
You can check the balance of an address even if it is not a core wallet by using block explorers. Here are two useful ones for checking the balance of a Bitcoin address:
https://blockchain.info/api/blockchain_api
and an Ethereum account:
https://etherscan.io/apis#accounts
You may wonder how it is possible to check the balance of an 'offline' paper wallet. It comes down to how Bitcoin (and other Bitcoin-like blockchains) work. At the most basic level, you have a private key. You can generate a public key from the private key and then an address from the public key. Bitcoins are sent to this address.
Blockchain explorers can check the balance of any address, even addresses that have not been generated yet! This is because an address is simply a string of letters and numbers that conform to a particular format.
You can read more about addresses here:
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i m integrating BTC,ETH,ETC,BCH,BTG,DASH,NEO,XRP,XMR on my site, whenever a user came to deposit it must work like other exchange, all the deposit and withdrawal shown to them, with each coin balance, i m not able to fetch the deposit made by user, as i m not able to find out balance. i just need a way to show the balance of user, deposited on their respective coin address, i can do it manually but i need a way to do it using API for all coins deposit Commented May 16, 2018 at 7:51
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