Metamask: Etherscan – bought tokens but balances is 0

Metamask: Etherscan – I Bought Tokens but the 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 will take a closer look at the Metamask: Etherscan interface, specifically how it is used to manage tokens.

What is Etherscan?

Etherscan is a web-based platform that allows users to view and interact with data from the Ethereum blockchain. It provides 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 hold their assets. However, sometimes buying or selling tokens through these wallets can lead to issues with balance updates. This is 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 will focus on how to buy tokens using the Etherscan interface within the Metamask app. To get started, follow these steps:

• Open the Metamask app and navigate to
  Settings >
  Wallets

• Select the Ethereum wallet you want to use

• Click
  Transactions

  and select
  Buy Tokens

From there, you will be able to view the token details, including its balance, amount, and address. You can also set a 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 simultaneously. This allows users to easily manage their assets across different chains, making it easier to track their balances, transactions, and smart contract functionality.

In this particular example, we saw that a user purchased tokens from
0xb2657b0ad4afdbabb8272b80df8a9b07eb6927d4 with an amount of 0.01 ETH, but the balance is currently set to 0. This could be due to several reasons, such as:

• The user has not updated their wallet balances since purchasing the tokens

• The transaction was canceled or failed for some reason

• The user does not have sufficient 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 different blockchain data sources. However, it is essential to keep in mind that buying or selling tokens via wallets can lead to issues with balance updates.

As the world of DeFi continues to evolve, more platforms will emerge to help simplify transactions and manage assets on the Ethereum network.

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