Cryptocurrency Q&A What if someone knows my seed phrase?

What if someone knows my seed phrase?

BitcoinBaron BitcoinBaron Tue Nov 26 2024 | 5 answers 1278
I'm worried that someone might have access to my seed phrase. What are the possible consequences if they do? Could they steal my funds or compromise my accounts? What if someone knows my seed phrase?

5 answers

MatthewThomas MatthewThomas Thu Nov 28 2024
Once your seed phrase is compromised, your funds are no longer secure.

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Raffaele Raffaele Thu Nov 28 2024
To protect your assets, it is essential to transfer your funds to a new address.

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Federico Federico Thu Nov 28 2024
Using a new seed phrase for this new address will further enhance security.

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HanRiverWave HanRiverWave Thu Nov 28 2024
Revealing part of your seed phrase poses a significant threat to your cryptocurrency funds.

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SumoPride SumoPride Thu Nov 28 2024
To limit your risk, it is advisable to maintain multiple wallets.

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