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What are the best ways to check the balance of a crypto wallet?

avatarHansson PhilipsenDec 26, 2021 · 3 years ago3 answers

I'm new to the world of cryptocurrencies and I recently set up a crypto wallet. I'm wondering what are the most effective methods to check the balance of my wallet? Are there any specific tools or platforms that are recommended for this purpose?

What are the best ways to check the balance of a crypto wallet?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    One of the best ways to check the balance of a crypto wallet is by using a blockchain explorer. These explorers allow you to search for your wallet address and see the current balance as well as the transaction history. Simply enter your wallet address into the search bar and the explorer will display the information you need. Some popular blockchain explorers include Blockchair, Blockchain.com, and Etherscan. They support various cryptocurrencies and provide detailed information about transactions and balances.
  • avatarDec 26, 2021 · 3 years ago
    If you're using a mobile wallet, you can usually check your balance directly within the app. Most mobile wallets have a user-friendly interface that displays your balance prominently on the main screen. Simply open the app and you should see your balance right away. Additionally, many mobile wallets also offer push notifications to keep you updated on any incoming or outgoing transactions. This makes it convenient to stay informed about your wallet balance on the go.
  • avatarDec 26, 2021 · 3 years ago
    Another option to check the balance of your crypto wallet is by using a third-party wallet management platform like BYDFi. These platforms provide a comprehensive overview of your wallet balances across multiple cryptocurrencies and exchanges. They often offer additional features such as portfolio tracking, price alerts, and transaction history analysis. BYDFi, for example, allows you to connect your wallets from different exchanges and view your balances in one place. It's a convenient solution for those who have multiple wallets and want to manage them efficiently.