<p>No, you don't need to do anything.</p>

<blockquote>
  <p>If so then in that Case I assume that the accurate balance in the Cold Wallet does not need to be reflected as it is only used for spending?</p>
</blockquote>

<p>Correct. Without a means to gain knowledge about received money, the cold storage wallet can't update its balance. But it holds the private keys required to spend the money it received. The watch-only wallet can be used to check the balance without it having the ability to spend any money.</p>

CC BY-SA 3.0
2017-03-18T16:01:42.403Z
Thank you so much for answering. I was beginning to think that noone would after 11 views.
FunnyGirl
CC BY-SA 3.0
2017-03-18T13:23:05.257Z
2017-03-18T13:23:05.257Z
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<p>I am a little foggy about the Watching Wallet copy in Armory. I have received BTC in my Watching only wallet. Is there anything that I need to do now to get those to the Cold Storage Wallet or is the Cold storage Wallet only needed to sign Spending transactions.  If so then in that Case I assume that the accurate balance in the Cold Wallet does not need to be reflected as it is only used for spending?</p>

<p>Thanks</p>

<armory><coldstorage><watch-only>
Receive at Watching Only Wallet
FunnyGirl
# Receive at Watching Only Wallet

(Asked by: username_0 on 2017-03-18)

I am a little foggy about the Watching Wallet copy in Armory. I have received BTC in my Watching only wallet. Is there anything that I need to do now to get those to the Cold Storage Wallet or is the Cold storage Wallet only needed to sign Spending transactions. If so then in that Case I assume that the accurate balance in the Cold Wallet does not need to be reflected as it is only used for spending?

Thanks

**Tags:** armory, coldstorage, watch-only


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## 1 answers

### Answer by username_1 on 2017-03-18. Score: 0 | Accepted answer

No, you don't need to do anything.

> If so then in that Case I assume that the accurate balance in the Cold Wallet does not need to be reflected as it is only used for spending?

Correct. Without a means to gain knowledge about received money, the cold storage wallet can't update its balance. But it holds the private keys required to spend the money it received. The watch-only wallet can be used to check the balance without it having the ability to spend any money.

> **Comments:**
> **username_0**: Thank you so much for answering. I was beginning to think that noone would after 11 views.  

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