Beyond keeping an eye on your funds, there’s something else you need to know: your recovery phrase
The password you set in your wallet is only used to open it on this device. If you switch devices, you’ll need your recovery phrase to restore your wallet.
Think of your recovery phrase as the wallet’s “master key”: it’s used to derive the private keys for all your addresses, so it’s more important than any individual private key.
Quick glance: $BTC is quoted at 82242.46 (24h +0.68%).
Every potential return comes with a corresponding risk. First, understand how much you could lose in the worst case.
It’s your money—think it through before you act.
The password you set in your wallet is only used to open it on this device. If you switch devices, you’ll need your recovery phrase to restore your wallet.
Think of your recovery phrase as the wallet’s “master key”: it’s used to derive the private keys for all your addresses, so it’s more important than any individual private key.
Quick glance: $BTC is quoted at 82242.46 (24h +0.68%).
Every potential return comes with a corresponding risk. First, understand how much you could lose in the worst case.
It’s your money—think it through before you act.