What is a recovery phrase? (2024)

Detailed information about recovery phrase and private keys storage on Crypto.com DeFi Wallet

What is a recovery phrase? (1)

Written by Valery
Updated over a week ago

What is a recovery phrase?

A recovery phrase is essentially a human-readable form of your crypto wallets’ private keys and is usually displayed as a 12-word phrase.

Every crypto wallet you create or own has its own private key, imagine the private key as your online banking password, and each crypto wallet (account) has a different private key (password) that allows you to access the funds.

It’s a nightmare to remember or keep all your crypto wallets’ private keys securely and that’s why when you first create your Crypto.com DeFi Wallet, each coin’s private key is run through a standardized algorithm to become one master private key, and this master private key is then run through another standardized algorithm to become your 12-word recovery phrase.

Now that you understand the importance of your 12-word recovery phrase - it’s the master private key that allows you to access your crypto assets inside your Crypto.com DeFi Wallet!

You should never ever share your recovery phrase with anyone else, not even a Crypto.com staff - just like you will never share your online banking password with others!

Anyone who knows your recovery phrase will be able to access and spend your funds from anywhere. This is why your recovery phrase is so important to you and you should back up your recovery phrase during wallet creation and keep your 12-word phrase in a secure and physical location.

Additionally, you can find more information on how to import or recover a wallet using the recovery phrase here.

Where are my private keys stored?

Your private keys to your crypto assets are generated and encrypted locally on your device. The private keys are never stored in the cloud nor on any of our servers. They remain 100% in your control and ownership.

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What is a recovery phrase? (2024)

FAQs

What is an example of a recovery phrase? ›

The reason recovery phrase is a series of 12 to 24 simple words (like “army,” “energy,” “fabric,” “lucky,” “opera,” “stereo,” “trash,” or “void”) rather than a numeric password is because long strings of numbers are difficult for humans to remember or even transcribe correctly — think of how hard it can be to input a ...

Is 12-word seed enough? ›

When an attacker knows the unordered words of a 12-word seed, there are only around half a billion possible combinations, which is relatively easy to test with a decent GPU. A 24-word seed, however, has roughly 6.24^24 possible combinations — and that's a lot of zeros.

What is the 12-word secret recovery phrase? ›

A 12-word seed phrase acts as a key to unlock access to a crypto wallet and is also the ultimate recovery tool for wallets on the blockchain.

What is the 12 24 word recovery phrase in Brave wallet? ›

The 12-24 word recovery phrase is a private phrase you can use to regain access to your wallet in case you lose a connected device(s). Store it someplace safe, and in the exact order it appears above. Once you have your recovery phrase backed up, click on the requested words to verify.

What is a good sentence for recovery? ›

We hope for the recovery of the stolen paintings. Their mission was the recovery of the space capsule.

How do you write a recovery phrase? ›

A recovery phrase is generally a list of 12 to 24 words randomly generated by your crypto wallet, and given in a specific order. Note: The ordering of the words in a recovery phrase matters. It must be typed in the exact order in which you receive it.

What are the odds of guessing a seed phrase? ›

BIP-39 was introduced in 2013 with a list of 2,048 words that could be in seed phrases. With this number of words, there are 2,048 to the power of 12 (more than a decillion) possible seed phrase combinations, which is such a large number that the odds of someone guessing your phrase are almost zero.

What is an example of a 12-word seed phrase? ›

The seed phrase consists of 12 to 24 simple words, randomly sequenced from a list of 2048 words. Here is an example of what a 12-word seed phrase can look like: carpet, cat, flower, chair, foot, river, make, image, amazing, three, say, shoe. The seed phrase is generated the first time a user sets up a wallet.

What wallet has a 24 word seed phrase? ›

Helium Wallet Seed Phrase. When creating a Helium account, users are prompted to write down the 24-word seed phrase. This mnemonic phrase is generated from a list of 2048 specifically selected words and can be used to recover the private key of the account. The seed phrase should never be shared.

What happens if you lose your 12-word recovery phrase? ›

A recovery phrase is a list of 12 words that represent the private keys to your wallet, also known as a “seed.” This means that if you lose your recovery phrase, that you will lose your wallet.

What is the actual 12-word text? ›

The 12-word text is a texting strategy by James Bauer that allows you to directly target a man's biological instincts. Every man has an innate drive to be a hero. It's an unconscious desire that motivates all his conscious decisions.

Could someone guess your recovery seed phrase? ›

A recovery phrase is usually generated from a specific list of 2,048 words. That means that your 12-word seed phrase has an iteration of 2,048 words. Therefore, it's almost impossible that someone could successfully guess your seed phrase.

What is the 12-word recovery phrase in trust wallet? ›

There are 12 words in a Trust wallet recovery phrase, each separated by a space. These words can occasionally number up to 24. The recovery phrase is always displayed when you establish a new cryptocurrency wallet.

What is 24-word passphrase? ›

Your 24-word recovery phrase (sometimes called a mnemonic or seed phrase) is the master key to all your crypto accounts. Anyone gaining access to your recovery phrase can very easily clone your accounts on their own device (or software wallet) and spend your funds.

What uses 12-word recovery phrase? ›

In general, the 12-word recovery phrase is a standardized backup mechanism for cryptocurrency wallets that use the BIP39 standard. If a wallet adheres to this standard, then it should be possible to use the same 12-word recovery phrase across different wallets that also support BIP39.

What is the 12-word recovery phrase on Coinbase? ›

A recovery phrase is a list of 12 words that represent the private keys to your wallet, also known as a “seed.” This means that if you lose your recovery phrase, that you will lose your wallet.

What are the 5 things to recovery? ›

These are the top five things to keep in mind for anyone recovering from substance abuse:
  • Appreciating how far you've come. ...
  • Keeping in mind your goals for recovery and in life. ...
  • Finding Your System of Support. ...
  • Taking Notice of Possible Triggers. ...
  • Understanding The Process of Healing Is a Lifetime.
Jan 20, 2023

What are the 5 keys to recovery? ›

The Wellness Recovery Action Plan: Five Key Concepts to Guide Your Path to Wellness! offers self-reflections and questions based on the five key concepts of WRAP: hope, personal responsibility, self-advocacy, education, and support.

Can I create my own seed phrase? ›

You can let your wallet generate a seed phrase for you. You can also use the Vault12 app to generate a more robust seed phrase for you. For added security, you can "roll your own" seed phrase with dice, or use a calculator, as offline methods.

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