How to use Watch-only Addresses (2024)

Watch-only addresses are a Blockchain Wallet feature you can find in the Imported Addresses section of your wallet. In recent updates, we’ve made some improvements to how you can use watch-only addresses, and how the balances of these addresses are reflected in your wallet. In this post we’ll cover details on these updates and how that affects your wallet experience.

What are watch-only addresses?

A watch-only address is a public bitcoin addresses you’ve imported into your wallet. This is a cool, useful feature if you want to monitor activity at a particular bitcoin address. You can import any existing bitcoin address into your wallet as a watch-only address, which will incorporate all of its incoming and outgoing transactions into your live transaction feed. You can tell which transactions are for watch-only addresses, because they’ll be labeled as such.

To learn more about the Addresses section in your wallet, including Imported Addresses, check out this guide.

Transaction activity for a watch-only address will have a Watch Only label to the right of transaction type (Sent or Received). In this case, you can see that the third transaction at the bottom is for a watch-only address. Watch-only addresses are included in your total balance.

Our wallet will now include the balances from your watch-only addresses in your total wallet balance. This can be helpful if you use watch-only addresses to monitor addresses that you control, and if you want to know the total value of your bitcoins in your accounts, plus your imported addresses.

It’s important to keep track of which watch-only addresses you do control and which ones you don’t control, because your total balance will now represent the sum of all bitcoin addresses in your wallet. A great way to identify your imported addresses is to create unique labels for each of them. Be aware that if you have imported a watch-only address that you don’t have the private key for, your overall wallet balance may not accurately represent the total bitcoins under your control.

Spend from a watch-only address with the private key

Watch-only spending is another feature that was included in a recent update. If you have imported your funds using watch-only addresses, you can now spend from them by providing the private key when prompted.

Send from your watch-only addresses by entering the private key when prompted.

Are these updates available on mobile?
Yes, the latest version of our wallet includes both of these features on iOS and Android.

Do you have any additional questions about watch-only addresses? Leave them in the comments!

How to use Watch-only Addresses (2024)

FAQs

How to use watch only wallet? ›

How to use Watch-only Wallet
  1. Step 1: On the Home screen of the Coin98 Super Wallet, choose Manage Wallets --> then choose Add Wallet.
  2. Step 2: Select the Watch-only option, then click Continue.
  3. Step 3: Choose the Blockchain, the Name of the Wallet, and input the wallet address that you want to observe -> then click Next.
Jun 22, 2024

How do I import a watch only address? ›

Trust Wallet's watch-only wallet feature allows you to import the public key of a wallet address, enabling you to monitor its transactions and balances without controlling the assets. to import your watch only wallet address on trust wallet,Log into your app by entering your PIN or via biometric recognition,Slide your ...

What is a view-only wallet address? ›

Watch-only wallets, also known as view-only wallets allow you to observe or track assets of any wallet's public address. This can be a wallet that you own the private keys to, or a wallet that you do not control.

How to get private key for watch only address trust wallet free? ›

Click on the “Three-Dot” or “More Information” Icon Next to the Desired Wallet. Upon entering the list of your wallets, click on the “three-dots” icon (for Android devices) or the “more information” icon (for iOS devices) positioned beside the specific wallet for which you intend to access the recovery phrase.

How can I withdraw from my watch only wallet on a blue wallet? ›

In order to withdraw funds from a watch-only wallet, you will need to obtain the private key associated with the public address in your watch-only wallet. This can typically be done by exporting the private key from the original wallet that was used to create the watch-only wallet.

Are watch only wallets safe? ›

Scammers exploit the 'Watch-Only Wallet' feature, claiming it can be 'unlocked' by sending funds, which isn't possible. Be secure and informed; 'unlocking' a Watch Wallet is technically infeasible.

How to withdraw from a watch only wallet 1inch? ›

You will not be able to spend from a watch only/read only address until you import the 12 word recovery phrase/private key. Please never pay someone expecting to gain access to a watch only address and never pay someone for the recovery phrase or private key, this is always a scam!

Can I withdraw BNB from a watch only wallet? ›

Withdrawing from a BNB view only wallet can only be done if you have the corresponding private key that will allow you to have full control of the wallet, you can import the wallet into a new wallet using the private key and you can now proceed and initiate withdrawal but it's important to know that you can't make ...

How to transfer from view only wallet on trust wallet? ›

In order to withdraw from your watch only wallet, you need to import the wallet into a new wallet using the private key that align with the public address of your wallet, then after successfully importing the wallet into a new wallet, you can proceed to withdraw.

What is the difference between wallet and wallet address? ›

You can think of a wallet as a sort of encrypted virtual keychain, containing all the information needed to access your funds on the Bitcoin blockchain. A wallet combines and contains both your address(es) as well as your digital key(s). The simplest form of a wallet is a file containing a database.

What do I do with my wallet address? ›

You could share this wallet address with anyone who wants to send you Bitcoin. You'd also be able to send yourself Bitcoin if, for example, you had it stored on a crypto exchange and wanted to move it to your own wallet.

How do wallet addresses work? ›

A crypto wallet is a piece of software that enables cryptocurrency transactions. A crypto wallet address is a unique identifier for sending and receiving cryptocurrency within a given wallet. It's important to note that your wallet address often differs for each type of cryptocurrency you own or want to use.

What is the secret key in trust wallet? ›

Trust Wallet creates a private key automatically when you set up your wallet, or you can import an existing key. It is uniquely matched to your public wallet address, while only the private key can digitally sign off and authorize transfers out of your wallet.

How to find trust wallet secret phrase? ›

Step 1: Find your Recovery Phrase in your Trust Wallet
  1. Open the Trust Wallet app, then select “Settings”.
  2. Select “Wallets”.
  3. Select the wallet you want to view the recovery phrase for.
  4. Select the “i” symbol to open that wallet's settings.
  5. Select “Show Secret Phrase”.
Feb 22, 2024

What is the passkey for trust wallet? ›

In Trust Wallet SWIFT, a passkey is used instead of a password or 12-word secret phrase to protect and recover your wallet. Passkeys are linked to your iCloud or Google account. We don't recommend editing or deleting your passkey. Doing so may cause you to lose access to your wallet and funds.

Can I use Apple wallet on watch without phone? ›

Once you set up Apple Pay in the Apple Watch app on your iPhone, you're ready to make store purchases—even when you don't have your iPhone with you. (Apple Pay isn't available in all regions.) Person to person payments: You can easily and securely send and request money, right in Messages or by using Siri.

How do I use my watch to pay for things? ›

Pay for a purchase in a store with Apple Watch
  1. Double-click the side button.
  2. Scroll to choose a card.
  3. Hold your Apple Watch within a few centimeters of the contactless card reader, with the display facing the reader.

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