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How can I check the balance of a digital asset without actually redeeming it?

avatarJarnail SinghDec 27, 2021 · 3 years ago3 answers

I want to know how to check the balance of a digital asset without having to redeem it. Is there a way to do this? I don't want to go through the process of redeeming the asset just to check its balance. Can someone please provide me with a solution?

How can I check the balance of a digital asset without actually redeeming it?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    Sure! One way to check the balance of a digital asset without redeeming it is by using a blockchain explorer. These explorers allow you to search for the specific asset and view its balance on the blockchain. Simply enter the asset's address or transaction ID into the explorer's search bar, and it will display the current balance. This method is quick, easy, and doesn't require any actual redemption of the asset.
  • avatarDec 27, 2021 · 3 years ago
    You can also use a wallet application that supports the digital asset you want to check. Most wallet apps provide a feature to view the balance of your assets without having to redeem them. Simply open the app, select the asset you want to check, and it will display the current balance. This method is convenient if you already have a wallet app installed.
  • avatarDec 27, 2021 · 3 years ago
    BYDFi offers a solution for checking the balance of digital assets without redeeming them. With BYDFi's platform, you can securely connect your wallet and view the balances of your assets in real-time. It provides a user-friendly interface and supports a wide range of digital assets. Simply sign up for an account on BYDFi, connect your wallet, and you'll be able to check your asset balances without any hassle.