Study Notes | Recovery Phrase
① Self-custody wallets don’t have a “forgot password” feature. If you lose your recovery phrase and have no other backup, your assets are basically unrecoverable.
② Restoring your recovery phrase in another wallet that supports the same standard will usually restore the same addresses and assets.
③ After writing it down, you can test the recovery process with a small amount of crypto to make sure you copied it correctly.
$BTC 82488（+0.98%）
① Self-custody wallets don’t have a “forgot password” feature. If you lose your recovery phrase and have no other backup, your assets are basically unrecoverable.
② Restoring your recovery phrase in another wallet that supports the same standard will usually restore the same addresses and assets.
③ After writing it down, you can test the recovery process with a small amount of crypto to make sure you copied it correctly.
$BTC 82488（+0.98%）