Monitoring cryptocurrency addresses is a critical capability for developers, investors, and blockchain analysts. Whether you're building a wallet application or tracking large transactions for market insights, real-time visibility into address activity can provide significant advantages. With the right tools, you can instantly detect deposits, withdrawals, and token transfers across major blockchains like Bitcoin (BTC), Ethereum (ETH), and Tron (TRX). This guide walks you through how to use a powerful address monitoring API to stay ahead of on-chain movements.
What Is Address Monitoring?
Address monitoring refers to the process of tracking specific cryptocurrency wallets for transactional activity. When a monitored address receives or sends funds—whether BTC, ETH, or TRX—the system automatically detects the on-chain event and triggers a notification. These alerts are typically delivered via webhook, allowing your application or service to react in real time.
This functionality is especially useful for:
- Wallet developers who want to notify users of incoming payments
- Exchanges monitoring deposit addresses
- Analysts tracking whale movements or institutional activity
- Security teams detecting suspicious fund flows
👉 Discover real-time blockchain monitoring with powerful API tools.
Supported Blockchains and Tokens
The address monitoring API supports three major blockchains:
- Bitcoin (BTC) – Monitor native BTC transactions
- Ethereum (ETH) – Track ETH and all ERC20 tokens (e.g., USDT ERC20, USDC, DAI)
- Tron (TRX) – Monitor TRX and all TRC20 tokens (e.g., USDT TRC20)
This broad support ensures that you can track both native coins and popular stablecoins across ecosystems without switching platforms.
Note: To monitor USDT on Ethereum, select ETH as the chain. For USDT on Tron, choose TRX.
Step-by-Step Guide to Setting Up Address Monitoring
1. Register a Developer Account
To begin using the address monitoring service, you must first register a developer account. This grants access to the API dashboard where you can manage your monitored addresses, configure webhooks, and review transaction history.
Once registered, log in to the API management portal to proceed with configuration.
2. Configure Your Webhook URL
After logging in, navigate to Address Track > Settings.
Here, you must set up a Webhook Receiver URL—this is the endpoint on your server where transaction notifications will be sent via HTTP POST requests.
❗ Important: If no URL is set or if it's incorrect, you won't receive any alerts. Ensure your server can accept and process incoming JSON payloads.
Next, select the blockchain (BTC, ETH, or TRX) and enter the wallet address you wish to monitor. You can repeat this step for multiple addresses across different chains.
For technical details, refer to the official API documentation for request format and payload structure.
3. Add or Remove Monitored Addresses
Managing tracked addresses is straightforward:
- Go to the Address Management section
- Select the blockchain type
- Enter the address and click Add
- To stop monitoring, simply select and delete the entry
There’s no limit to how many addresses you can monitor, making this ideal for services managing large user bases or high-value wallets.
All changes take effect immediately—no delays or manual syncing required.
👉 Start receiving real-time blockchain alerts today.
4. Receive and Verify Webhook Notifications
Once configured, every time a transaction occurs on a monitored address (incoming or outgoing), the system will:
- Detect the on-chain confirmation
- Package transaction data (hash, amount, from/to addresses, timestamp)
- Send it securely to your registered webhook URL
You can also verify deliveries through the dashboard by checking the webhook history. Filter by date, chain, or status to audit past events.
Alternatively, retrieve records programmatically using the following endpoint format:
https://services.tokenview.io/vipapi/monitor/webhookhistory/{coin}?page={number}&apikey={your_key}Replace {coin} with btc, eth, or trx, {number} with the page index, and include your valid API key.
Use Cases for Address Monitoring
Wallet Development
Integrate real-time balance updates and push notifications into crypto wallets so users know instantly when they receive funds.
Investment Intelligence
Track large holders ("whales") to anticipate market-moving trades or detect accumulation patterns before price shifts.
Exchange Operations
Automate deposit verification by linking wallet addresses to user accounts and triggering internal credit updates upon receipt.
Fraud Detection
Monitor known malicious addresses or flagged wallets for new activity to enhance security protocols.
Frequently Asked Questions (FAQ)
Q: Is there a cost to use the address monitoring API?
A: Many providers offer free trial plans with limited requests. Paid tiers unlock higher throughput and advanced features like multi-address grouping and enhanced analytics.
Q: How fast are the notifications delivered?
A: Alerts are sent within seconds after a transaction is confirmed on-chain, depending on network congestion and block times.
Q: Can I monitor ERC20 and TRC20 tokens separately from the native coin?
A: Yes—when you monitor an ETH address, all ERC20 transfers (including USDT, USDC) are included automatically. Same for TRC20 tokens under TRX.
Q: What data is included in the webhook payload?
A: Each notification includes transaction hash, sender, receiver, amount, token type, fee, block height, and timestamp in JSON format.
Q: Do I need coding experience to set this up?
A: Basic backend knowledge helps—especially for handling HTTP POST requests—but setup guides and sample code make integration accessible even for beginners.
Q: Can I monitor contracts or only external accounts?
A: You can monitor any valid blockchain address, including smart contracts. However, interpreting contract interactions may require additional decoding logic.
Final Thoughts
Real-time address monitoring transforms passive blockchain data into actionable intelligence. Whether you're securing user funds, enhancing product functionality, or analyzing market trends, leveraging an efficient API streamlines operations across crypto projects.
By following these steps—registering an account, setting your webhook URL, adding addresses, and processing alerts—you gain full control over on-chain visibility.
👉 Unlock advanced blockchain tracking features now.
With growing demand for transparency and responsiveness in decentralized systems, tools like address monitoring APIs are no longer optional—they're essential infrastructure for modern crypto applications. Start small, test thoroughly, and scale confidently as your needs evolve.