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.
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In this article:
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.
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.
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.