What is a recovery phrase? Many people can’t explain it clearly!
A recovery phrase usually consists of 12 or 24 English words, generated from a list of 2,048 words according to the BIP-39 standard.
Think of a recovery phrase as the “master key” to your wallet: the private keys for all your addresses are derived from it, so your recovery phrase is more important than any individual private key.
It’s safer to keep most of your assets in self-custody and use only a small amount for everyday transactions.
$BTC 82991.32(+2.15%)
#BTC
For informational and sharing purposes only; not operational guidance.
A recovery phrase usually consists of 12 or 24 English words, generated from a list of 2,048 words according to the BIP-39 standard.
Think of a recovery phrase as the “master key” to your wallet: the private keys for all your addresses are derived from it, so your recovery phrase is more important than any individual private key.
It’s safer to keep most of your assets in self-custody and use only a small amount for everyday transactions.
$BTC 82991.32(+2.15%)
#BTC
For informational and sharing purposes only; not operational guidance.