Let’s talk about recovery phrases.
The password you set in your wallet is only used to unlock it on this device. If you switch phones and need to restore your wallet, you’ll need your recovery phrase.
One thing many people overlook: legitimate wallets and platform support teams will never ask you for your recovery phrase. Anyone asking for your recovery phrase or private keys is trying to scam you.
Write your recovery phrase down on paper and store it offline. Don’t take a photo of it, and definitely don’t save it to cloud storage.
Back to the market: $BTC is trading at 79,605.32 (+1.58% over 24h).
The password you set in your wallet is only used to unlock it on this device. If you switch phones and need to restore your wallet, you’ll need your recovery phrase.
One thing many people overlook: legitimate wallets and platform support teams will never ask you for your recovery phrase. Anyone asking for your recovery phrase or private keys is trying to scam you.
Write your recovery phrase down on paper and store it offline. Don’t take a photo of it, and definitely don’t save it to cloud storage.
Back to the market: $BTC is trading at 79,605.32 (+1.58% over 24h).
