How to generate a Bitcoin Statement of Transaction

[CryptoHeadlineNews]

Happy New Year and Welcome to 2024 guys, How are you doing? I hope you all are doing fine at your respective geographical locations. Alright. So there is this update that came into my mind recently, which I thought it will be of great value if I share it among this community of Bitcoin lovers, and that is "How to generate a Bitcoin Transaction Statement". Because, truly we all know that as Bitcoin enthusiast which we all are, this is one tool/feature/tip we all need to know about it, and how to use it, so as to enable us generate a Bitcoin transaction statement at else without stress in times of need. Hence, that brought the need why I came up with this thread, as a step-by-step guide to help whoever wishes to know how to generate a Bitcoin statement of account, showing all inflow and outflow of funds, same way it's been done with in our traditional banking system as a legal entity which could be used in the court of law if in case you happened to be mistakenly accused and been asked to provide a proof of your source of income, then it could be generated as a proof to show how you genuinely earn the money through your participation on our forum weekly signature campaign payment, or elsewhere. Because though in this part of the world where I come from, it's sad that people have this ideology that if a person is seen to be living a good financially free life and yet not have a physical job, that he/she is either into internet fraud (i.e Yahoo boy), of which most cases when investigated always end as false, as we have got digital skill whereby someone could be making huge money weekly while still at the comfort of his home e.g bitcointalk, digital marketing, affiliate marketing, e.t.c. Hence, that gave me the reason to teach those who may never have known that it's possible to generate a Bitcoin statement of account on this thread now, as a legal paper for you to present if in case need for it arises someday in the court of law. Thanks.


So Who Need A Bitcoin Statement of Account?

A Bitcoin statement of account is a legal paper showing all inflow and outflow of funds that may have transacted through a given wallet address on a Bitcoin Blockchain, hence, in as much as you have ever made a transaction using Bitcoin or intend make a transaction in the future, then this topic is important to you.



Why is Bitcoin Transaction statement Important?

The Bitcoin transaction statement important simply because it is a legal piece of paper generated from the Bitcoin blockchain showing all inflow and outflow of funds.



How to generate a Bitcoin Transaction Statement?

So here are a step-by-step guide to help you generate a Bitcoin transaction statement.

1. Firstly, you have to visit the site "blockchair.com", and then copy the Bitcoin wallet address which you intend to generate a Statement of account and paste it inside the box below, and click the arrow mark next to it





2. After that, you will be taken to the next page below, where you will be shown the Balanc, total amount of BTC received and total spent. Then what you will need to do is click on the "Wallet statement" as shown below.





3. After that, you will be taken to the next as shown below, whereby you will be required to select the reporting format of the statement as "PDF" while you select the period & timeframe of which you will like to generate your address statement from.

 
  


4. Then lastly, you will be asked to fill Captcha as shown below, to enable it generate a downloaded PDF copy of your statement.





5. Finally, after the download of your Bitcoin statement has finish, this is how it will look, of which you will be required to view it only with a pdf mobile app reader, as will be shown below.






EXAMPLE OF BITCOIN TRANSACTION STATEMENT






CONCLUSION

So in conclusion, I'm hereby convince that as lovers and people who uses Bitcoin for day to day transaction, this is one feature that it's a must we all need to know about it and how to use it in times of need, because though this year is making it my 4th year of effectively using Bitcoin for transaction, I must confess I never knew about this feature, not until last month (I.e December 2023), and as such I thought It will be wise if I share it among others who may not know that such feature like this exists.

[Zaguru12]

I'm hereby convince that as lovers and people who uses Bitcoin for day to day transaction, this is one feature that it's a must we all need to know about it and how to use it in times of need, because though this year is making it my 4th year of affective using Bitcoin for transaction, I must confess I never knew about this feature, not until last month (I.e December 2023), and as such I thought It will be wise if I share it among others who may not know that such feature like this exists.

I would say the reason why something like this isn’t popular among bitcoin users is because many people do not have need for it. You see the reason why when we use bank accounts the others request for our bank statements is simply because they can’t access it since it is conceal to only you but bitcoin transactions are stored on public blockchain where everyone can see it as such if i need to see the transaction history of your address I will just request for it and check every transactions that had happened there. No need to print a statement and even if I need the statement too I will just do it myself. This is why it is not popular and the reason why you don’t know of it this years

[hugeblack]

There are other services that offer Bitcoin Statement of Transaction, but blockchair is the best, although I think that those who need such a statement are few, since most of those who need it are either store or website owners, and here they will use payment gateways or for tax purposes, and there are programs for calculating tax services. In general, thanks for the explanation. It is good, but the pictures need to be improved.

[mocacinno]

Eventough i wouldn't need such a function, so it doesn't really matter to me, it looks like it's on a per-address basis?
I have >10 wallets, some of them have hundreds of addresses... I guess the solution might not be all that elegant if applied to such a situation? Maybe a solution based on an xpub instead of an address might be more suitable (at least, if you don't mind giving up your privacy to the company providing those statements)?

[MusaMohamed]

If you use it, use Blockchair explorer with Tor when you check your transaction history and get your Bitcoin statement of transaction.

I agree with mocacinno that I don't need this feature too. Because with a non custodial wallet like Electrum wallet, I can export my transaction history to CSV file with similar details like the statement on blockchair.com explorer.

In your Electrum wallet, History tab, Click the icon on the right, Export and choose the file format like CSV or JSON.

When he did replying on this thread?

mocacinno

[Solosanz]

I did try to use this feature just to fill my curiosity, this tool could be useful for government to tax someone if they know the person who associated with the address. Although you can be taxed directly by the centralized exchange, but you might not show all of your coins.

I agree with ranochigo that I don't need this feature too.

When he did replying on this thread?

[348Judah]

Why is Bitcoin Transaction statement Important?

The Bitcoin transaction statement important simply because it is a legal piece of paper generated from the Bitcoin blockchain showing all inflow and outflow of funds.

Talking about the importance of the use of a bitcoin statement of account, we may have to consider the general applications of bitcoin in various economical settings whereby bitcoin has become a payment mainstream digital currency that every institutions, organizations, individuals and government needed to make use of this financial digital currency in making payments, we can also consider this as irrelevant to a certain extent, because we all care about our privacy and bitcoin is a decentralized digital currency, so I see this as being more applicable for a personal use to have the inventory of how the financial flow run through an individual wallet, than having it a thing of public appearance when we are talking about a digitally decentralized currency and privacy is the most aspect of considerations as well in this.

[CryptoHeadlineNews]

In general, thanks for the explanation. It is good, but the pictures need to be improved.

Thanks Boss, I really appreciate your kind gesture, I promise to improve on my picture quality presentation next time.

I did try to use this feature just to fill my curiosity, this tool could be useful for government to tax someone if they know the person who associated with the address.

Exchange doesn't expose people's identity to law enforcement agencies not until such individual is found to have committed a huge crime/offense, but for those whose BTC is kept in a non-custodian wallet such as Electrum, if the wallet address not shared to the public, I don't think anybody will be able to know which address belongs to who.

I agree with ranochigo that I don't need this feature too.

When he did replying on this thread?

Lolz. I guess maybe he was referring to mocacinno when he said "Eventough i wouldn't need such a function, so it doesn't really matter to me" but mistakenly spent the name wrongly.

it looks like it's on a per-address basis?

Yes, this process can be done once per each wallet address

[Blitzboy]

I wish you a very Happy New Year! Your post is awesome. You've simplified Bitcoin Transaction Statement generation, which is impressive. I appreciate your informative thread.

Your step-by-step guidance is amazing. Your explanation guides those who, like me

Transaction statements have major legal implications, especially in an age where digital traces are as important as physical ones. This knowledge helps the Bitcoin community to fight false allegations and misinformation.

Well done on informing the community! The goal is to give digital financial transactions a sense of security and validity, not merely technical expertise. Continue great work.

[btc78]

Happy new year and I must commend your very detailed post here! As someone who does not really often use bitcoin as a means of transaction, this feature seems like it would not be of much use to me. I guess this would be beneficial to those who have a business associated with bitcoin so they could present transparency in their business 

[0t3p0t]

IMO, this might not be helpful to those who doesn't care about having Bitcoin statement but it is on the side of those who need it and yeah for I am thankful enough to OP because with this post I am informed about something I didn't know before. I really have no idea about this feature not until OP posted this so it helps me get additional knowledge about Bitcoin statement of transaction.

[hugeblack]

Eventough i wouldn't need such a function, so it doesn't really matter to me, it looks like it's on a per-address basis?
I have >10 wallets, some of them have hundreds of addresses... I guess the solution might not be all that elegant if applied to such a situation? Maybe a solution based on an xpub instead of an address might be more suitable (at least, if you don't mind giving up your privacy to the company providing those statements)?

All of these things are available in blockchair. You can go to the wallet statement option and then add any address you want, whether it is a Bitcoin or altcoins address, and there is an option to add XPUB.
It is true that generating such a statement is bad for privacy, but it is better to access the site via Tor.
See how many options are available ↓↓↓

To generate a statement of Bitcoin transactions, you need a Bitcoin wallet that provides transaction history or access to a blockchain explorer. Here's a step-by-step guide on how you can generate a Bitcoin statement of transactions:

Why does this post look like it was written by chatGPT? It is your first post and random use of AI will lead to you being banned.

[Pokapoka124]

I made a similar guide a couple of years back. This is a topic I believe newbies will find very interesting and I think it is good that you brought this discussion up again.

[Guide] Using Blockchain Explorers

~snip~

Looks like you’re using AI to generate your posts. Every post you have made appear to be written by AI. Read the forum rules, AI content are not allowed here and users who break this rule are treated same way as plagiarists.
Plagiarism vs AI  

[iBaba]

So in conclusion, I'm hereby convince that as lovers and people who uses Bitcoin for day to day transaction, this is one feature that it's a must we all need to know about it and how to use it in times of need, because though this year is making it my 4th year of effectively using Bitcoin for transaction, I must confess I never knew about this feature, not until last month (I.e December 2023), and as such I thought It will be wise if I share it among others who may not know that such feature like this exists.

I'm really intrigued by your thoughts to put this piece together and I will also like to take it back to my local board to enlighten my fellow members more about things like this.

For me, it is not just all about generating Bitcoin statement of account but also the idea that came to you to put out this piece for others to learn. This doesn't necessarily mean that we don't know about the situation yet, but what it means is that we need to allow others who are new into bitcoin or were never aware of it like the OP himself and other bitcoin users.

I think knowledge is all about touching up on an idea people are most likely interested and the good thing about sharing knowledge is the fact that not everyone is aware of things you and I already know about.

[icalical]

I assume that this is for a more formal and legal use, because I rarely see someone actually use this kind of Transaction Statement, I usually only use the TXID to proof that I have sent the money, and only if necessary  signed a message to proof that I own the address. I wonder from other people point of view, which one has less chance to expose/spread our pseudonymity? Using TXID and Signed Message or Transaction Statement?

[Mr.right85]

I would say the reason why something like this isn’t popular among bitcoin users is because many people do not have need for it. You see the reason why when we use bank accounts the others request for our bank statements is simply because they can’t access it since it is conceal to only you but bitcoin transactions are stored on public blockchain where everyone can see it as such if i need to see the transaction history of your address I will just request for it and check every transactions that had happened there. No need to print a statement and even if I need the statement too I will just do it myself. This is why it is not popular and the reason why you don’t know of it this years

Just to add,

Bitcoin or cryptocurrency has been something you do online and haven’t got much need for a physical aspect to it. Other reasons remains that, statement of accounts often comes in when there is a dispute between recipient(s) to a transaction and the initiator or sender of the transaction.
This is something you don’t find happening often in cryptocurrency or Bitcoin. The transactions form and on an addresses are easily verifiable by any party and the only reason that could bring about a pending transaction is in the event that, the network happens to be congested. Even more so, upon initiating the transaction, it’s bound to reflect on the recipient address for an incoming transaction. Hence, reasons for dispute are already cut off.
Still, it’s an interesting thing to know should you have reasons which might not be limited to teaching some lesson.

[Casdinyard]

Happy New Year and Welcome to 2024 guys, How are you doing? I hope you all are doing fine at your respective geographical locations. Alright. So there is this update that came into my mind recently, which I thought it will be of great value if I share it among this community of Bitcoin lovers, and that is "How to generate a Bitcoin Transaction Statement". Because, truly we all know that as Bitcoin enthusiast which we all are, this is one tool/feature/tip we all need to know about it, and how to use it, so as to enable us generate a Bitcoin transaction statement at else without stress in times of need. Hence, that brought the need why I came up with this thread, as a step-by-step guide to help whoever wishes to know how to generate a Bitcoin statement of account, showing all inflow and outflow of funds, same way it's been done with in our traditional banking system as a legal entity which could be used in the court of law if in case you happened to be mistakenly accused and been asked to provide a proof of your source of income, then it could be generated as a proof to show how you genuinely earn the money through your participation on our forum weekly signature campaign payment, or elsewhere. Because though in this part of the world where I come from, it's sad that people have this ideology that if a person is seen to be living a good financially free life and yet not have a physical job, that he/she is either into internet fraud (i.e Yahoo boy), of which most cases when investigated always end as false, as we have got digital skill whereby someone could be making huge money weekly while still at the comfort of his home e.g bitcointalk, digital marketing, affiliate marketing, e.t.c. Hence, that gave me the reason to teach those who may never have known that it's possible to generate a Bitcoin statement of account on this thread now, as a legal paper for you to present if in case need for it arises someday in the court of law. Thanks.


So Who Need A Bitcoin Statement of Account?

A Bitcoin statement of account is a legal paper showing all inflow and outflow of funds that may have transacted through a given wallet address on a Bitcoin Blockchain, hence, in as much as you have ever made a transaction using Bitcoin or intend make a transaction in the future, then this topic is important to you.



Why is Bitcoin Transaction statement Important?

The Bitcoin transaction statement important simply because it is a legal piece of paper generated from the Bitcoin blockchain showing all inflow and outflow of funds.



How to generate a Bitcoin Transaction Statement?

So here are a step-by-step guide to help you generate a Bitcoin transaction statement.

1. Firstly, you have to visit the site "blockchair.com", and then copy the Bitcoin wallet address which you intend to generate a Statement of account and paste it inside the box below, and click the arrow mark next to it





2. After that, you will be taken to the next page below, where you will be shown the Balanc, total amount of BTC received and total spent. Then what you will need to do is click on the "Wallet statement" as shown below.





3. After that, you will be taken to the next as shown below, whereby you will be required to select the reporting format of the statement as "PDF" while you select the period & timeframe of which you will like to generate your address statement from.

 
  


4. Then lastly, you will be asked to fill Captcha as shown below, to enable it generate a downloaded PDF copy of your statement.





5. Finally, after the download of your Bitcoin statement has finish, this is how it will look, of which you will be required to view it only with a pdf mobile app reader, as will be shown below.






EXAMPLE OF BITCOIN TRANSACTION STATEMENT






CONCLUSION

So in conclusion, I'm hereby convince that as lovers and people who uses Bitcoin for day to day transaction, this is one feature that it's a must we all need to know about it and how to use it in times of need, because though this year is making it my 4th year of effectively using Bitcoin for transaction, I must confess I never knew about this feature, not until last month (I.e December 2023), and as such I thought It will be wise if I share it among others who may not know that such feature like this exists.

Literally was just about to say "just take the transaction hash and screenshot it if you feel the need to" until you showed us a really good way for you to generate transaction receipts that are (I would assume) legally binding. But honestly this is exceptionally helpful especially for people who would like to take out loans and perhaps even buy using fiat but couldn't prove that they are earning or capable of paying because most of their finances are in the crypto world. I had a few moments where the bank wouldn't even honor my loan request cause they think I can't pay for my shit, all because I couldn't present them transaction receipts that are legally binding.

I assume that this is for a more formal and legal use, because I rarely see someone actually use this kind of Transaction Statement, I usually only use the TXID to proof that I have sent the money, and only if necessary  signed a message to proof that I own the address. I wonder from other people point of view, which one has less chance to expose/spread our pseudonymity? Using TXID and Signed Message or Transaction Statement?

Yeah, this is helpful for people/projects that pay their employees in crypto, for people who would need to present a statement of account/transaction statements for loans and other financial hooblah, the likes. I can see this being more useful as we get more people onboard in the crypto craze, which will eventually render every company liable to pay their employees in crypto if they wish to, as well as marketplaces and brands that would need to present their buyers with a transaction receipt towards their purchases.

All of these will take some time to be really useful but it's better to be prepared than actually just implement something like this when the whole world's already asking for it.

[Ever-young]

Op thank you for this thread, I never knew their was such an option in blockchair and I have been using it to scan through wallet for long now, maybe I was unable to discover that as a result of me not having need for it yet. This statement might be useful in aspect of financial report if their ever be need for that to any financial body.

~cut out ~

So i should leave the guideline given by the Op on how to generate the wallet statement and use your confused AI write up to learn how to do that? That’s very bad thinking of you by the way as you fail to read the entire thread and you only use the thread title to ask your AI for solution which is lazy act for someone who is willing to learn.

[Ultegra134]

I wasn't aware of this feature until a few years ago, due to the signature campaign manager using Blockchair.com. It's not a bad guide and quite detailed, even though I'm not quite sure how this statement can be used in practice. Although it does provide you with a lot of information, each transaction has the exact amounts and transaction hashes, and it may be useful if you're looking for a specific transaction, but I can't imagine how it can actually be used; it's not a bank statement that has an actual purpose in case of a loan or credit card request.

Moreover, you have blurred the wallet address, but everything else, including transaction TXs and the QR code, is available in public view, which is kind of contradictory in terms of your privacy.

[Agbe]

Moreover, you have blurred the wallet address, but everything else, including transaction TXs and the QR code, is available in public view, which is kind of contradictory in terms of your privacy.

Exactly with the QR code showing like this the blurring of the Bitcoin wallet address is just waste because just a scan of the code the address will show up. But I like the way the Op demonstrated the steps. It is very easy to understand. But before statement of an account is issue, there must be a dispute between two parties and Bitcoin transaction is not like that of fiat bank transaction that there is transaction failure. I have not encountered any transaction issue with Bitcoin. Though we don't know what will happen in the future so this steps can help by then.