What is a Watch Address?
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A Watch Address is basically the receiving address or wallet address. Importing any supported Cryptocurrency address will allow you to view the tokens and collectibles, as well as transactions associated with the said address. When importing your address, you cannot do any transactions with the wallet.
This can be a great way to keep an eye on your funds in any wallet, but especially a cold wallet while still keeping the private keys off the internet.
The Can’s and Can’ts of a Watch Address
You can view that address’ transaction history
You can view the volume and price of tokens associated with that address
You can send tokens to that address
You cannot send funds from that address to an exchange (like Binance
You cannot send funds from that address to another wallet
You cannot sign smart contracts
You cannot use the DApp browser
Importing an VeChain Watch Address
We will now proceed to the process of importing a wallet address for viewing purposes. In this scenario we will choose to Import an VeChain wallet.
How to Access Wallet Import Screen
- Open Trust Wallet and then tap on Settings.
- In the Settings screen, you will find here Wallets.
- Tap on the “+” sign on the upper right to access the Import Screen. Tap on VeChain.
3.1 We are choosing VeChain here, but of course, you can import any wallet within the supported chains seen on the import screen.
Type the Wallet Address on the Address tab of the Import VeChain screen. Alternatively, you can scan the QR code(if you have one). Put a Name so that you can easily recognise the wallet. Once you are done typing, just tap on Import.
What is Trust Wallet?
Trust Wallet is an easy to use, true multi-chain noncustodial wallet, which allows you to store and manage over 6 million crypto assets including NFTs across 68+ blockchains. No more storing your assets across multiple custody wallets or exchanges! You’ll have peace of mind knowing all your assets are in one safe place.
Your private keys are stored on your device and your assets on-chain meaning you are in full control at all times. Trust Wallet gives you the ability to natively buy, swap and stake your favourite crypto without having to leave the app and also connect to dApps with the in-built DApp browser.
Trust Wallet is used by over 50 million people worldwide!
Don’t have Trust Wallet yet? Download here: Trust Wallet App