When asked, “What’s a recovery phrase?”
I usually answer like this: With a self-custody wallet, there’s no such thing as “forgot password.” If you lose your recovery phrase and don’t have another backup, you can’t get the assets in your wallet back. Legitimate wallet providers and exchange platforms will never ask you for your recovery phrase. Any request for your recovery phrase or private key should be treated as a scam.
$BTC 82220（+0.87%）
If there’s anything I missed, let’s chat in the comments.
Stay level-headed—don’t get carried away.
I usually answer like this: With a self-custody wallet, there’s no such thing as “forgot password.” If you lose your recovery phrase and don’t have another backup, you can’t get the assets in your wallet back. Legitimate wallet providers and exchange platforms will never ask you for your recovery phrase. Any request for your recovery phrase or private key should be treated as a scam.
$BTC 82220（+0.87%）
If there’s anything I missed, let’s chat in the comments.
Stay level-headed—don’t get carried away.