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Is it possible to transfer funds from a watch-only wallet on Trust Wallet?

avatarbalaji patelDec 27, 2021 · 3 years ago3 answers

I have a watch-only wallet on Trust Wallet and I'm wondering if it's possible to transfer funds from it. Can I send cryptocurrencies from a watch-only wallet to another wallet or exchange? How does it work?

Is it possible to transfer funds from a watch-only wallet on Trust Wallet?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    Yes, it is possible to transfer funds from a watch-only wallet on Trust Wallet. A watch-only wallet allows you to view the balance and transaction history of a wallet without having the ability to spend the funds. However, you cannot directly send cryptocurrencies from a watch-only wallet as it lacks the private keys required to sign transactions. To transfer funds, you would need to import the watch-only wallet into a full wallet that has the ability to sign transactions, such as Trust Wallet or another compatible wallet. Once imported, you can then initiate a transfer to another wallet or exchange.
  • avatarDec 27, 2021 · 3 years ago
    Absolutely! You can transfer funds from a watch-only wallet on Trust Wallet. Watch-only wallets are designed for monitoring purposes and do not have the private keys necessary to authorize transactions. To send funds, you'll need to import the watch-only wallet into a full wallet that has the ability to sign transactions. Trust Wallet is a great option for this. Once imported, you can easily transfer your funds to another wallet or exchange.
  • avatarDec 27, 2021 · 3 years ago
    Yes, it is possible to transfer funds from a watch-only wallet on Trust Wallet. However, you'll need to import the watch-only wallet into a full wallet that has the ability to sign transactions. Trust Wallet is a popular choice for this. Once you've imported the watch-only wallet, you can initiate a transfer to another wallet or exchange. Keep in mind that watch-only wallets are primarily used for monitoring purposes and do not have the ability to spend funds directly.