📌 Wallet & Security | Recovery Phrase
· What it is: The password you set for your wallet is only used to open it on this device. If you switch phones, you’ll need your recovery phrase to restore your wallet.
· How it works: Think of the recovery phrase as the wallet’s “master key.” The private keys for all its addresses are derived from it, so the recovery phrase is even more important than any individual private key.
· In practice: Write your recovery phrase on paper and store the copies separately. Don’t take photos of it or save it to cloud storage.
$BTC 82390（+0.27%）
· What it is: The password you set for your wallet is only used to open it on this device. If you switch phones, you’ll need your recovery phrase to restore your wallet.
· How it works: Think of the recovery phrase as the wallet’s “master key.” The private keys for all its addresses are derived from it, so the recovery phrase is even more important than any individual private key.
· In practice: Write your recovery phrase on paper and store the copies separately. Don’t take photos of it or save it to cloud storage.
$BTC 82390（+0.27%）