Why is my Bitcoin balance different than the blockchain?

If you’ve looked up your Bitcoin (BTC) address on a block explorer, only to find that the balance doesn’t quite add up to your Exodus balance, please don’t worry! Let us take a look at why the block explorer can show a different balance compared to the balance shown in your wallet.

In this article:

  • Why is my Bitcoin balance different than the blockchain?
  • How can I check my Bitcoin balance?

Why is my Bitcoin balance different than the blockchain?

Your Exodus wallet manages multiple Bitcoin (BTC) addresses, not just one. Each time you make a BTC transaction, your wallet also uses change addresses to receive leftover transaction-output change. For increased privacy, your Exodus wallet can generate a new address each time you receive bitcoin.

Your Exodus Bitcoin wallet balance is therefore the sum of all the Bitcoin held at each of your Exodus Bitcoin addresses. If you see that your Bitcoin balance is lower on the blockchain than the balance shown in Exodus, it could be that you have used change addresses and the balance you see is only the balance held in that particular address. You can see a list of all of your used Bitcoin addresses along with their balances by exporting a .csv file.

How can I check my Bitcoin balance?

If you’d like to cross-check your Exodus BTC balance, you will need to export your Bitcoin extended public key (xpub). Your xpub generates all the public addresses associated with your Bitcoin wallet, and therefore the xpub can be used to view all of your Bitcoin addresses and the balance in them.

You can find your xpub in your Exodus Bitcoin wallet. Follow this guide to export a .txt file into an exodus-exports folder on your computer’s desktop.

In this file, you’ll see your extended public key. Copy and paste your xpub (including the text ” xpub“) into the search field of a block explorer like blockonomics.co or blockpath.com and hit enter.

Please keep in mind that block explorers are owned by private companies. By entering sensitive information like your xpub into a block explorer you are revealing that all of the transactions derived from your xpub are from the same wallet. This could be a privacy issue as addresses that were previously unlinked might now be linked.

The Exodus Bitcoin wallet uses two different types of extended public Keys: an xpub and a zpub. The xpub is used to view your Legacy addresses, and the zpub is used to view your native SegWit addresses. You will need to search both keys one by one to get a full overview of your transactions. To learn more about SegWit and Legacy addresses, visit: What is the difference between different types of Bitcoin addresses?

You should now see a comprehensive history and balance of your Exodus Bitcoin wallet directly on blockonomics.co or blockpath.com. In addition, for a full guide on how to audit your Exodus wallet, visit this guide.

Exodus is not affiliated with any third-party platforms, external links, or any other third-party resources mentioned in this article. As such, Exodus cannot guarantee the performance of third-party products or services, or that the steps shown and the information provided will always be accurate.

Questions? Need more assistance? Send us an email at support@qadirah.com. We promise quick human help!

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