Recovery Seed

« Back to Glossary Index

Seed phrase or a backup seed phrase is referred to as the cryptographically derived security code that is composed of a list of random words that typically ranges between 12 and 14 words. It permits anyone to access a crypto wallet on any device as long as they possess the right software. This code is required to be stored safely and kept private for maintaining the security of one’s digital asset holdings.

« Back to Glossary Index

Check Also

ankr-hack-trading-halt

Ankr Hack: Company Asks To Halt Trading Immediately

The Ankr hack has finally been confirmed. The Web3 infrastructure platform, Ankr, was targeted with …

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.