Why don’t I see all of my Bitcoin in Phantom?

  • Updated

If you are using the same Bitcoin Ordinals wallet (same 12 or 24 Secret Recovery Phrase) you have in other software wallets it is possible that you see different available balances in your Phantom wallet vs others. In the global balance you’ll see all the BTC balance you hold in your addresses, but the actual available for sends will depend on how many of the coins in your Bitcoin addresses are spendable in normal Bitcoin transactions or protected sats which represent other assets like Ordinals NFTs, BRC20 tokens, rare sats…

 

Another reason why you might be seeing a different balance is because your accounts in Phantom only have two Bitcoin addresses (Native Segwit and Taproot), this means that if you’ve restored your wallet using a Secret Recovery Phrase from a traditional Bitcoin wallet (e.g. Electrum) you won’t be seeing the same global balance you have in those traditional wallets because there your funds could be spread out in several addresses that you won’t see in your Phantom wallet’s accounts. In the traditional wallets you have several Bitcoin addresses (and change addresses), while on Phantom you only have one of each type per account. You’ll need to use a traditional Bitcoin wallet to consolidate[1]⚠️ all your BTC funds to one of the first addresses if you want to be able to use Phantom to interact with Bitcoin dApps using your “Payment address” (Native Segwit) and “Ordinals address” (Taproot).

 

[1]⚠️ Before using a traditional Bitcoin wallet to consolidate your Bitcoin funds by moving all of them to one of the first addresses, make sure you are using a Bitcoin wallet that recognizes Ordinals, BRC20 tokens, and rate sats correctly or you could destroy them in the process.

 

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