Trading Glossary
Seed Phrase / Recovery Phrase / Mnemonic
A human-readable sequence of words (typically twelve or twenty-four) encoding the master secret from which all of a wallet's keys are derived. Anyone with the phrase has complete control of the wallet.
A human-readable sequence of words (typically twelve or twenty-four) encoding the master secret from which all of a wallet's keys are derived. Anyone with the phrase has complete control of the wallet.