Mnemonic Phrase

      (Pronounced Neh-mon-ik)

      Also called a “seed phrase” a Mnemonic phrase is a secret combination of 12 words that is created at the same time a wallet is and acts as an identifier to that wallet. The purpose of this 12 word combination is to act as a backup in case the device on which a wallet exist is stolen, broken or otherwise compromised. Using the 12 word sequence a user can recover their wallets & crypto assets on a new device. This phrase is typically re-written and stored on a piece of paper is a very safe place.

   If anybody gets your mnemonic phrase they can steal your wallet & assets! Do not share the phrase with anybody.

      Related Terms:



BTC: bc1qcskmel9llhrdqj3arxyqnennx4ashvfutlreyy
LTC: ltc1qa0fj4lcu5365rep50aza5fqqvx8ef0afemh6s5
ETH: 0x071D72dbc48ad2Fe35daE256eCF0834C5dde688c
DASH: XgXHqVyJiQNdVVszH9cnqCP4uWcP8tVxdK
BNB: bnb1mau4j8kry0jgw45ufy69hvhd0k04llet8fk2p6

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