What is a Seed Phrase?
A seed phrase, also known as a recovery phrase, backup phrase, or mnemonic phrase, is a series of 12 or 24 randomly generated words that act as the foundation for your wallet. This phrase is used to derive all of your private keys and wallet addresses. It is essentially the master key to your wallet and all associated accounts.
Why is it important?
Since your seed phrase grants full access to your wallet and funds, it’s critical to keep it secure. If someone gains access to your seed phrase, they can access your wallet and transfer your assets without your permission.
Can I Access My Xverse Wallet Without the Seed Phrase?
If you’re logged out of your wallet, you cannot regain access without your seed phrase. As Xverse is a non-custodial wallet, we do not have access to your funds or recovery information. The seed phrase is the only way to restore your wallet and recover your funds.
What Happens if I Lose My Seed Phrase?
If you lose your seed phrase, there is no way to access your wallet or recover the funds stored in it. For this reason, it’s essential to securely back up your seed phrase when you create your wallet.
For a step-by-step guide on backing up your seed phrase, please refer to our guide: How to Back Up My Xverse Wallet?