What is seed phrase storage?

Seed phrase storage refers to securely copying/writing your seed phrase on a medium (such as paper) in effort to store and preserve that data in the long run. Your seed phrase (also known as recovery phrase, seed phrase, recovery seed, mnemonic seed, wallet backup, etc.) is an ordered set of 12-24 words that is randomly generated by your wallet.

How secure is seed phrase?

They have rather high level of security but are not really meant to keep your seed phrase. If password manager malfunctions, you can still restore your password on all of your online services, however with seed phrase this is not a case.

Is it safe to store your seed phrase?

But imagine the horror if you hadn’t stored your seed phrase safely when setting up the wallet and you fail to find it when needed. That’s when sweat will actually start rushing down your forehead. That’s when you’d have lost your cryptos. Forever. This is why it is critical that you opt for the safest possible way to store your seed phrase.

Can I restore my seed phrase?

Not as long as you still have your seed phrase. You can restore your funds right away using a backup device or any other company. Once you have a new wallet, you can enter your seed phrase in the wallet and right away, your private keys and cryptos will be yours again.