What is a mnemonic phrase? This is a question our customers often ask us. Let’s figure it out. A mnemonic phrase is a group of words that provides access to your assets and serves as a backup for your crypto wallet. It is also often called a seed phrase or BIP39 phrase. A phrase can …
What Is Shamir Backup and SLIP39?
Welcome! In this article, we will explain how Shamir Backup works. We will look at why it is one of the best ways to protect your crypto investments, compare the SLIP39 and BIP39 standards, and answer the question: “How can you protect your cryptocurrency from theft and sleep better at night?” I will try to …
Why You Shouldn’t Buy Crypto Wallets on Online Classifieds
Want to buy a crypto wallet safely and avoid losing your assets because of a fake device, a used wallet, or an unreliable seller? In this article, we will explain why you should not buy hardware wallets on online classifieds and which purchase method actually helps reduce the risks. We will look at the main …
