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Why is the Monero wallet always at 0 yuan?

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Release: 2024-05-08 16:16:49
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Monero wallet showing 0 yuan may be due to: wallet not synchronized; wrong address; transaction not confirmed; balance obscured; malware or phishing attack; Monero network issues.

Why is the Monero wallet always at 0 yuan?

The reason why the Monero wallet displays 0 yuan

The reason why the Monero wallet displays 0 yuan may be due to the following reasons :

1. Not synced yet

  • Monero wallet needs to sync the blockchain to display the correct balance.
  • If your wallet is not synchronized for a long time, the balance display may be inaccurate.
  • Wait for the wallet to complete synchronization and the balance should be updated.

2. Wrong address

  • Make sure the wallet address you use is associated with your Monero assets.
  • Entering an incorrect address may cause the balance to show 0 yuan because the funds have not yet been sent to the correct address.

3. The transaction is not confirmed

  • Monero transactions need to be confirmed by the blockchain network before they will be credited to the balance.
  • If the transaction has not been confirmed, the balance may temporarily show 0 yuan.
  • Wait patiently for transaction confirmation and the balance should be updated.

4. The balance is obscured

  • Monero is a privacy coin, and transactions and balances can be obscured.
  • If your wallet has the privacy function enabled, the balance may temporarily show 0 yuan.
  • Disable privacy features or wait for the blackout period to end and your balance should update.

5. Malware or phishing attacks

  • Malware or phishing attacks may steal your Monero or manipulate your wallet balance .
  • Scan your device for malware and make sure you only use official or trustworthy wallets.

6. Monero Network Issues

  • The Monero network may experience technical issues that may cause delays in syncing or confirming transactions.
  • In this case, just wait patiently for the network to recover.

If the above steps do not resolve the issue, please try the following:

  • Reinstall your Monero wallet.
  • Contact the Monero network support team for assistance.

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