What is a Seed phrase?
🔢A seed phrase is a sequence of 12, 18, or 24 random words. If you have the wallet seed phrase, you can access funds in almost any non-custodial (decentralized) wallet App. Accordingly, the reliability of the seed phrase storage is a top priority for the cryptocurrency user.
📲The seed phrase is usually generated when setting up your crypto wallet. Therefore, it is very important that you do not miss this step. A backup copy is always useful in difficult situations.
✍🏻As soon as you have access to your seed phrase, take a pen and paper and write it down. Memorization of the phrase tends to zero, unless, of course, you are the owner of a phenomenal photographic memory. Also, never store your seed phrase on platforms that can be easily hacked, such as Google Drive or Yandex.Disk.
⚠️Your seed phrase can give anyone who has it access and control over your funds. If someone gets access to it, it is the same as losing the wallet. By the way, you can’t change it.