I'm concerned about the security of my cryptocurrency wallet. If someone gets hold of my seed phrase, will they be able to access my wallet and steal my funds?
7 answers
Valentina
Sun Dec 08 2024
It serves as a crucial backup method to regain access to your wallet in case of loss or theft.
Leonardo
Sun Dec 08 2024
The importance of this recovery phrase cannot be overstated.
Daniele
Sun Dec 08 2024
Coinbase Wallet offers a unique security feature in the form of a 12-word recovery phrase.
Lorenzo
Sun Dec 08 2024
If you misplace or forget your recovery phrase, you will be unable to access your Coinbase Wallet.
ShintoSanctum
Sun Dec 08 2024
This scenario places any funds secured by the recovery phrase in a vulnerable position.