A few words about your recovery phrase:
Decentralized wallets don’t have a “forgot password” feature. If you lose your recovery phrase and have no other backup, the assets in your wallet are basically impossible to recover.
Think of your recovery phrase as the wallet’s “master key”: the private keys for all your addresses are derived from it, so it’s more important than any individual private key.
Write your recovery phrase on paper and store the copies separately. Don’t take photos of it or save it to cloud storage.
$BTC 75980.01(-0.36%)
Decentralized wallets don’t have a “forgot password” feature. If you lose your recovery phrase and have no other backup, the assets in your wallet are basically impossible to recover.
Think of your recovery phrase as the wallet’s “master key”: the private keys for all your addresses are derived from it, so it’s more important than any individual private key.
Write your recovery phrase on paper and store the copies separately. Don’t take photos of it or save it to cloud storage.
$BTC 75980.01(-0.36%)
