Seed Phrase

« Back to Glossary Index

It is also known as the seed recovery phrase, backup seed phrase or mnemonic phrase and is referred to as the generated list of the 12 to 24 words in a specific order and are used by the cryptocurrency wallet users for regaining access and control of their funds on-chain. This also means that any third party who must be knowing your seed phrase has the capability to move your funds to another wallet address.

« Back to Glossary Index

Check Also


Latest Crypto News On Chainlink, AAX, Telegram And More

In recent days, the cryptocurrency zone is flooded with some important occurrences that are important …

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.