Crypto 101 on Your Seed Phrase Protection

2 years ago
2

Crypto 101 on Your Seed Phrase Protection

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Hi there.

My name is Kassandra. and…., today, as you've probably guessed....

I'll be telling you what a seed phrase is

When you use a currency or wallet, the wallet generates something called a private for you.

Now, a Private key is a kind of like a otp secret crypto - Grphicy. Blockchain password that you can use to access your cryptocurrency.

But since it stores your private key for you. What happens if you lose your wallet?

That's where your seed phrase comes in.

Your wallet will give you a string of 12 or 24 words that you can write down and keep in a safe place.

That's a string of words is called your seed phrase.

And if you lose access to your wallet, You can use your seat phrase to regain control of your fonts.

So that's why you need to keep your seed phrase somewhere, very safe.

NEVER share your seed phrase.

EXAMPLE OF STORAGES

So that's a seed phrase….Thanks for joining me and we'll see you next time.

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