Understanding and Finding Your Seed Phrase
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A seed phrase, also known as a recovery phrase or mnemonic, is a series of 12 to 24 random words generated when you create your wallet. It represents the master key that allows you to restore your account and access your cryptocurrencies.
Function of the Seed Phrase: The seed phrase is used to generate all private keys associated with your wallet addresses. Losing your seed phrase means losing access to your funds.
If you need to retrieve your seed phrase after setting up your account:
Access the App Settings: Open Virgo Wallet, go to the settings menu, then to the Security & Privacy section. You will need to enter your password to gain access. Click on reveal your seed phrase. Write it down again and make sure you store it safely.
Never Share Your Seed Phrase: Anyone with your seed phrase can access your funds.
Store It Offline: Write your seed phrase on a piece of paper and keep it in a safe place, like a safe. Avoid storing it digitally to prevent hacking risks.
Make Copies: For added security, make multiple copies of your seed phrase and store them in different secure locations.