Watch-only wallets enhance security and convenience for Bitcoin users by allowing them to monitor their Bitcoin balance and transactions without exposing the private keys associated with their funds. This means users can view their wallet's activity and track payments securely, without the risk of compromising their private keys and potentially losing their funds. Additionally, watch-only wallets provide a convenient way for users to manage multiple Bitcoin addresses and accounts in one place without the need to access the private keys each time, simplifying the user experience.
