Watch-Only Wallet
Also known as: Read-Only Wallet, View-Only Wallet, Non-Signing Wallet
A type of wallet setup that allows users to monitor crypto balances and transactions without private key access.
A watch-only wallet is a crypto wallet configuration that allows users to view balances, track incoming and outgoing transactions, and monitor activity on a blockchain address without holding the private keys. It’s used for auditing, portfolio tracking, and secure observation of cold wallets or custodial addresses. Because watch-only wallets cannot initiate transactions, they’re considered safer for viewing purposes. Popular wallet apps and explorers support importing public addresses to set up watch-only mode without compromising security.