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Metamask: Etherscan – I bought tokens but my balance is 0
The world of Ethereum and DeFi (decentralized finance) is constantly evolving, with new projects and tools emerging every day. In this article, we’ll take a closer look at the Metamask: Etherscan interface, specifically how it’s used to manage tokens.
What is Etherscan?
Etherscan is a web-based platform that allows users to view and interact with data on the Ethereum blockchain. It’s a centralized hub for developers, traders, and investors to access real-time information about the Ethereum network, including token balances, transactions, and smart contract functionality.
Metamask: A Bridge Between Wallets and Etherscan
When it comes to managing tokens on the Ethereum network, users often rely on wallets to store their assets. However, sometimes buying or selling tokens through these wallets can cause issues with balance updates. That’s where Metamask comes in, a popular wallet platform that allows users to interact with multiple blockchains, including Ethereum.
Buying Tokens with Metamask
In this article, we’ll focus on how to purchase tokens using the Etherscan interface in the Metamask app. To get started, follow these steps:
- Open the Metamask app and go to
Settings >
Wallets
- Select the Ethereum wallet you want to use
- Click
Transactions, then select
Buy Tokens
From there, you’ll be able to view detailed information about your token, including its balance, quantity, and address. You can also set the price for each transaction.
What’s New in Etherscan?
One of the notable features of the Etherscan interface is the ability to view and interact with multiple blockchain data sources at once. This allows users to easily manage their assets across chains, making it easier to monitor balances, transactions, and smart contract functionality.
In this particular example, we saw that the user purchased tokens from
0xb2657b0ad4afdbabb8272b80df8a9b07eb6927d4 with an amount of 0.01 ETH, but the balance is currently set to 0. This can happen for various reasons, such as:
- The user has not updated their wallet balance since purchasing the tokens
- The transaction was canceled or failed for some reason
- The user does not have enough funds to maintain a positive balance
Conclusion
In this article, we explored how to use Etherscan with Metamask to manage tokens. Using these tools, users can easily view and interact with their assets across various blockchain data sources. However, it is important to keep in mind that when buying or selling tokens through wallets, there may be issues with balance updates.
As the DeFi world continues to evolve, more platforms will emerge to help simplify transactions and manage assets on the Ethereum network.
