Back Up Seed Phrase
Last updated
Last updated
A seed phrase, also known as a recovery phrase, secret phrase, or mnemonic, is a sequence of words that serves as a backup for a bitcoin or crypto wallet. It typically consists of 12 to 24 words and is automatically generated when creating a new wallet.
Your seed phrase is crucial for recovering access to your wallet in case of device loss or failure, allowing you to restore and regain control of your funds.
It's essential to keep the seed phrase secure and private, as anyone with access to it can potentially access the associated wallet. To back up your seed phrase:
Retrieve your seed phrase
Open the Extension and navigate to the main Menu.
Select "Backup wallet"
Enter your password when prompted and click "Submit"
Your seed phrase will be displayed. Click on "Show key" to reveal your mnemonic words.
Secure Your Seed Phrase:
Carefully write down or digitally copy your seed phrase. This is essential for accessing your account assets if you lose your password or uninstall Oyl wallet.
Store your seed phrase in a secure location. Do not share it with anyone to ensure your account remains secure.