www.mineyourwealth.com / Updated 04.01.2018 1

Understanding Bitcoin transactions in your iCamba wallet

You will see different transactions when you scroll down your list of entries inside your wallet. The following photo shows 2 received payments (blue symbol) and 1 sent payment (orange Symbol): When you receive a payment it will be shown with a grey symbol until it has been fully confirmed by the crypto currency system. By clicking on one transaction entry, you will get the transaction details displayed:

Following screen shows the details of the first transaction (0.02 BTC coins): Here you see that there are 2113 confirmations that the coins are valid and have been received by this wallet we have access to. Every crypto currency system has a set number of confirmations it requires before accepting a transaction as valid. In the transactions details page you also get to see the transaction ID, which represents this individual transaction. When we tap on the transaction with the orange icon, we get to see the details of a payment (0.00035440 Bitcoins) we sent: You also see here the transaction fee we were charged:

0.0030 Bitcoins (BTC) Hence, we got 0.00335440 Bitcoins deducted from our balance. Similar to previous example, our transaction was confirmed by 7025 systems. Every transaction will keep getting more and more confirmations as time passes by.

The total balance is usually updated once a transaction has been sufficiently confirmed.