What’s a seed phrase?

If you’ve ever used a non-custodial wallet, you’ve likely come across a “seed phrase” or “recovery phrase,” 12 or 24 random words that serve as the key to your digital crypto wallet. It’s a special password to access all your crypto.

A seed phrase is the last line of defense for your digital assets. If you ever lose the device holding your non-custodial wallet, your seed phrase will allow you to regain access to your funds after redownloading the wallet on a new device.

If you lose it, you’ll lose access to all of your assets, and no one will be able to help regain access—not even the service provider. (If you remember your password, you’ll still have access to your crypto, but many wallets store your seed phrase so you can see it anytime.)

With that said, it’s vital to store your seed phrase correctly and in a safe place:

— Write it down on a piece of paper and keep it somewhere safe and fire-proof — e.g., in a bank deposit box or a safe at home.

— In addition to the point above, never store your seed phrase in a digital location because hackers may gain access to it. (Some programs can identify screenshots of seed phrases on your phone or computer.)

— Never give your seed phrase to people, even if you trust them.

— Consider having multiple copies of your seed phrase in various safe places in case of an emergency or you lose one of them.

With complete power over your own funds comes great responsibility. Your seed phrase is the most valuable piece of information in the world of crypto; be responsible by taking care of it—you wouldn’t want to lose it or have it fall into the wrong hands.#bitcoinhalving $BTC $SOL