Knowledge Card: Recovery Phrase
A recovery phrase can be used to derive the private keys for all accounts in a wallet. Knowing the recovery phrase is equivalent to having access to the entire wallet.
After backing it up, you can do a test import with a small amount of cryptocurrency to make sure you copied it correctly.
Here's the current price: $BTC quoted at 80156.25 (24h -0.93%).
#BTC
A recovery phrase can be used to derive the private keys for all accounts in a wallet. Knowing the recovery phrase is equivalent to having access to the entire wallet.
After backing it up, you can do a test import with a small amount of cryptocurrency to make sure you copied it correctly.
Here's the current price: $BTC quoted at 80156.25 (24h -0.93%).
#BTC