What is the Seed Phrase?

A seed phrase is a sequence of words that functions as the master key to your cryptocurrency wallet. It's the simplest and most secure way to access and control your funds.

How does a Seed Phrase work?

• Key creation: When you create a wallet where you have control (a self-custodial wallet), it automatically generates this seed phrase. From it, all your private keys and your cryptocurrency addresses are created.
• Word sequence: It's a series of common words (usually 12, 18, or 24 words) chosen from a special dictionary. It's crucial that you store these words in the exact order they were given to you.
• Backup and recovery: Its main function is to be your security backup. If you lose your device, it gets damaged, it's stolen, or you simply switch to a new wallet, you can use your seed phrase to regain access to all your cryptocurrencies. It's like the universal key that opens your digital safe.
• Total control: Whoever has your seed phrase has your cryptocurrencies. With it, all funds associated with that wallet can be accessed and controlled, regardless of where the original wallet is.

The importance of protecting your Seed Phrase:

The security of your seed phrase cannot be overstated. It's the most critical thing for protecting your digital assets.

• Store it securely: Write it on paper (multiple copies in safe, separate physical locations), engrave it on metal, or use special storage devices.
• Never share it: Under no circumstances should you share your seed phrase with anyone, not even with supposed technical support or people who promise to help you.
• Keep it offline: Avoid storing it on digital media (computers, mobile phones, emails, the cloud) that may be vulnerable to attacks or hacks.

Your seed phrase is the key to your digital wealth. Protect it as you would protect your most valuable cash.