Watch-only mode is an optional feature that allows you to log in to the Blockstream App with limited permissions. You can use watch-only mode for different purposes:
- To receive funds securely, with peace of mind that your device cannot be used to spend your funds if it is stolen or compromised.
- To allow a third party to manage your wallet and receive transactions without the ability to spend your funds, for example for a shared business wallet.
In watch-only mode, you can:
- view all accounts and transactions associated with your wallet.
- generate addresses and receive new transactions.
- sweep private keys.
In watch-only mode, you cannot:
- send transactions from your wallet.
- view your recovery phrase.
How Do I Set Up Watch-Only Mode?
Review the guide here to set up your watch-only wallet. Also, you will only be able to update the watch-only credentials when logged in with full access.