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What’s Seed phrase in cryptocurrency?
A seed phrase, typically consisting of 12 to 24 words, is a cryptographic key used to generate a wallet's private keys. These private keys are crucial for accessing and managing your cryptocurrency. When you create a wallet, you're given a seed phrase, which acts as a backup in case you lose access to your wallet. With the seed phrase, you can restore your wallet on any compatible wallet software or hardware device. It's essential to keep your seed phrase secure and never share it with anyone.
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