Instruction:How to properly store a private phrase (seed-phrase)

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Revision as of 10:20, 22 March 2024 by CryptoUser (talk | contribs)
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To properly store a private phrase for a cryptocurrency wallet, it is necessary to follow the following recommendations:

  1. Never store the private phrase in plain sight on a computer or other electronic devices.
  2. If you still decide to store the private phrase on an electronic device, do not store it in its entirety in one file. It is recommended to break the private phrase into several parts and store it in different files. This will provide additional protection against viruses and malicious actors.
  3. If possible, it is best to store the private phrase on paper. For example, you can write the private phrase on a paper medium and store it in a secure location, such as a safe or a bank safety deposit box.
  4. Memorizing the private phrase can also be a good option, but this requires a good memory and ensuring reliable protection against malicious actors.

By following these recommendations, you can ensure reliable protection of the private phrase for your cryptocurrency wallet and avoid losing access to your funds.