Seed Phrase Storage
A mnemonic seed phrase (also known as a “backup phrase” or a “recovery phrase”) is a set of words that are used to restore access to a crypto wallet. It is the most critical aspect of a crypto hardware wallet and acts as a backup for the wallet in case the device is lost or damaged.
A seed phrase is usually a 12, 15, 18, 21, or 24-word phrase that is used to recreate the wallet and access the funds stored in it. That's why it's essential to have a safe and secure seed phrase storage solution for your mnemonic phrase.
How do you store seed phrases securely?
To securely store your seed phrase, which is perhaps the most crucial part of your cryptocurrency security, follow these steps:
- Write it down: Physically write your seed phrase on a piece of paper. Avoid digital copies as they are vulnerable to hacking.
- Use tamper-resistant materials: Better than paper, consider using materials that are water and fire-resistant, like metal seed phrase backups, for added durability.
- Keep it hidden and safe: Store the written seed phrase in a secure location such as a safe or a lockbox. It should be inaccessible to others but accessible to you.
- Avoid sharing: Never share your seed phrase with anyone. Treat it as you would a highly sensitive password.
- Split for extra security: For added security, you can split your seed phrase into parts and store them in different secure locations.
- Regular checks: Periodically check the physical condition and security of your stored seed phrase.
By following these steps, you ensure that your seed phrase is stored securely, reducing the risk of loss, theft, or damage.
Monix proudly stocks some of the best seed phrase storage solutions in the UK, from some of the biggest names in crypto hardware, including Trezor, ELLIPAL, SafePal, BitBox, and Cryptotag. These products are designed to provide maximum security for your seed phrase and ensure that your crypto is always accessible.
Check out our ultimate guide to metal seed phrase storage.