Questions tagged [mnemonic recovery]

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GinsengBoost GinsengBoost Thu Aug 08 2024 | 6 answers 1233

Can bip39 mnemonic recovery phrases be used for compatible crypto wallets?

Could you please clarify if BIP39 mnemonic recovery phrases are indeed compatible and usable across various cryptocurrency wallets? I'm interested in understanding if these phrases, which are designed for seed generation and backup, can be universally applied to restore access to funds stored in different types of wallets, ensuring users' convenience and security in managing their digital assets.

Can bip39 mnemonic recovery phrases be used for compatible crypto wallets?

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