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

3 answers

• Dec 15, 2021 · 3 years ago
  Yes, it is possible to transfer funds from a watch-only wallet to another wallet. A watch-only wallet is a type of wallet that allows you to view your balances and transactions, but you cannot spend or transfer funds from it directly. To transfer funds, you would need to import the private key or seed phrase associated with the watch-only wallet into a full-featured wallet that supports spending. Once imported, you can then initiate a transfer to another wallet.
  466233
• Dec 15, 2021 · 3 years ago
  Absolutely! Watch-only wallets are designed to provide a read-only view of your cryptocurrency holdings. However, you cannot initiate transactions directly from a watch-only wallet. To transfer funds, you'll need to import the private key or seed phrase into a wallet that allows spending. From there, you can send funds to another wallet of your choice.
  354118
• Dec 15, 2021 · 3 years ago
  Yes, it is possible to transfer funds from a watch-only wallet. However, you'll need to import the private key or seed phrase associated with the watch-only wallet into a full-featured wallet that supports spending. Once imported, you can then initiate a transfer to another wallet. Keep in mind that the process may vary depending on the wallet software you are using. For example, in BYDFi, you can import the private key and use the wallet's transfer feature to send funds to another wallet.
  494124