What is seed phrase?Seed Phrase
A backup of your private key as a list of words; leaking it means handing over all your assets.
Learn “seed phrase” in an animated lesson
- Crypto BasicsExchange Custody vs. Self-Custody
Keeping coins on an exchange means handing them to someone else to look after; keeping them in your own wallet means their safety is up to you.
- Crypto BasicsWallets, Public Keys and Private Keys
Your address is like an account number for receiving money; your private key is like your one and only signature stamp. Lose the private key and the coins are gone for good.
Related terms
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