How can I secure my trust wallet with watch only mode?
Abildtrup WoodardNov 24, 2021 · 3 years ago3 answers
I recently started using the Trust Wallet for my cryptocurrency transactions, and I've heard about the watch only mode. Can you please explain how I can secure my trust wallet with watch only mode? What are the benefits of using this feature?
3 answers
- Nov 24, 2021 · 3 years agoTo secure your Trust Wallet with watch only mode, you can simply import your wallet address as a watch-only address. This allows you to monitor the balance and transactions of your wallet without the ability to spend or transfer any funds. It's a great way to keep an eye on your wallet's activity without the risk of unauthorized access.
- Nov 24, 2021 · 3 years agoSecuring your Trust Wallet with watch only mode is easy. Just go to the settings of your Trust Wallet app and select the option to import a watch-only address. You will need to provide the public key or address of your wallet, and the app will then display the balance and transaction history of that address. This way, you can keep track of your funds without the risk of exposing your private keys.
- Nov 24, 2021 · 3 years agoBYDFi, a popular cryptocurrency exchange, also offers the watch only mode feature for their users. With watch only mode, you can securely monitor your BYDFi wallet without the risk of unauthorized transactions. It's a convenient way to stay updated on your wallet's activity while keeping your funds safe. Just import your wallet address as a watch-only address and enjoy the benefits of this feature.
Related Tags
Hot Questions
- 91
How does cryptocurrency affect my tax return?
- 83
How can I buy Bitcoin with a credit card?
- 57
What are the best digital currencies to invest in right now?
- 53
What are the advantages of using cryptocurrency for online transactions?
- 50
Are there any special tax rules for crypto investors?
- 31
What is the future of blockchain technology?
- 16
What are the best practices for reporting cryptocurrency on my taxes?
- 15
How can I protect my digital assets from hackers?