Template:Prevention:Individuals:Keep Multiple Backups

From Quadriga Initiative Cryptocurrency Hacks, Scams, and Frauds Repository
Jump to navigation Jump to search

Ensure that more than one copy of your seed phrase is kept, and that each copy is in a distinct location. For example, you may keep a backup copy in a bank vault. A common scheme is to split the 24 word seed phrase into 3 sets of 16 words each, such that any two of the sets are needed to unlock the wallet.