Why doesn’t the price of Coin Wallet show up? Detailed introduction to the price of coins not showing in the wallet

Wallet has become one of the important tools for investors to manage crypto assets. Compared with exchanges, wallets are more secure. With the development of technology, some wallets can already conduct cryptocurrency transactions. Although wallets are mainly used as long-term storage tools and are rarely used for transactions, investors are also paying special attention to the market prices of cryptocurrency. In the process of using the wallet, users can find that some wallets do not display the price of the currency. So why does the price of the currency not display in the wallet? According to data analysis, it is mainly because some wallets do not support the function of viewing prices. The editor below will tell you in detail.

Why doesn’t the price of the coin appear in the wallet?

The price of coins is not displayed in the wallet mainly because:

1. Some wallets only have storage function and only display the number of coins.
2. Some tokens do not meet the price update standards (number of transaction addresses, number of currency holding addresses, pool size, etc.).

The price update system is automatically executed, and the price will be automatically updated after meeting the standards. The price on the wallet asset page is for reference only and does not affect the actual price of the currency.

Why should coins be placed in the wallet?

Store cryptocurrencies to a wallet for the following reasons:

1. Security: Private keys are controlled by the user, reducing the risk of fund theft or cyberattacks.
2. Control: Users have full control over their funds and can transfer, trade or hold them at any time.
3. Privacy protection: Transaction records are not stored publicly to protect transaction privacy.
4. Decentralized spirit: Eliminate intermediaries and users keep their own funds.
5. Convenience: Access your wallet via the internet and perform transactions or check your balance at any time.

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