Bitcoin not showing up in wallet balance

Bitcoin Questions and AnswersCategory: QuestionsBitcoin not showing up in wallet balance
Kevin Zhao asked 4 months ago

Hey man is it true that Bitcoin balance only shows when your whole wallet is synced to the network. I had a withdrawal from minergate and its not showing up when minergate said its sent already

1 Answers
Ofir Beigel Staff answered 4 months ago

Hey Kevin there can be a few things causing this:

  1. You downloaded a desktop wallet (e.g. Bitcoin-QT) and indeed until the blockchain isn’t fully downloaded to your computer you won’t see your balance. If this is the case I suggest moving to a “lite wallet” that doesn’t require to download the whole blockchain like Mycelium or Blockchain.info. However you will still need to wait for the wallet to sync until you can send the coins from there to the new wallet.
  2. The transaction you received is still pending or didn’t go through at all. You can ask your sender to give you a link to the transaction and then you can see if it went through and how many confirmations it has. Here’s a detailed explanation about confirmations.

Your Answer