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Seed Phrase
HomeGlossary TermsSeed Phrase

Seed Phrase

April 20, 2024BY Ubik Capital
140Views

A seed phrase, also known as a “recovery phrase,” is a code comprising 12, 18, or 24 words that serves as a backup access mechanism in case a user loses access to their cryptocurrency wallet or associated private key. This seed phrase corresponds to information stored inside the wallet, enabling the unlocking of the necessary private key to regain access.

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