Mnemonic Phrase

« Back to Glossary Index

It is a list of words that are used in a sequence in the bid to access or restore all your crypto assets. These phrases are usually 12-24 words long. Each of the words in the phrase tends to be unrelated to another. These phrases are mostly utilized in case someone loses his hardware wallet or the wallet is stolen or even the wallet gets damaged. These phrases offer you a second chance to retrieve your stored cryptocurrencies that would otherwise be lost.

« Back to Glossary Index

Check Also


Coinbase Crypto Delisting Includes 4 Cryptocurrencies From The Wallet

Coinbase crypto delisting is a major event at the end of this year. On Tuesday, …

AdBlock Detected

Looks like you are using an ad-blocking browser extension. We request you to whitelist our website on the ad-blocking extension and refresh your browser to view the content.