Without a doubt, losing the seed sentence is one of the largest fears for any user who has a considerable amount of cryptocurrency.
If so, little or nothing can be done to recover it.
In this article, we will explain the actions you can take to avoid making this mistake.
Read the rest!
H2. Evaluate if you have really lost the seed phrase
First of all, we recommend that you check if you have really lost the sentence.
We do not want you to paniqu, generally, it can be in a place which you do not remember, as inside a laptop, a box with papers, a file, a folder or a storage platform.
Caller calmly.
H2. If you don’t have a safeguard, the situation is critical
If after research, you do not find it or you do not have a safeguard, the situation is definitely complicated.
Unlike conventional capital, cryptos work decentralized, in other words, there is no entity that can help you find access.
There are companies and freelancers who “promise” to recover your funds, we do not want to judge the methods of these services, but be completely honest.
This is not a simple thing, if you do not know the case of Stefan Thomas who is about to lose 7000 BTC so as not to remember his seed sentence, I invite you to take a look at the online affair.
Generally, by putting the sentences in the sentence and by not making a safeguard, we unfortunately cracked the digital assets as lost.
H2. If you have a storage device, try to recover the seed sentence
Now, if you had the opportunity to store your sentence on a physical device, such as a material wallet, the chances of recovering your funds increase.
These devices allow you to restore your wallet as long as you have stored your seed sentence in a safe place.
Just follow the manufacturer’s instructions.
H2. Check if the platform has recovery methods
Some platforms have alternative recovery methods.
For example, if you use an online wallet, check if it offers recovery options via security issues or two -fact factors (2FA).
Although not all portfolios offer it, it doesn’t hurt to take a look to save time.
H2. Be careful
I hope that, at this stage of the article, you have already convinced yourself that the protection of your seed sentence is essential to access your cryptocurrency.
The best way to manage the loss is to avoid it.
For this, we advise you to use a Seed phrase protector. This works in particular without internet access and crypt your sentence of seeds on NFC cards and can make several backups, which is great to avoid everything we have already talked about above.
Auto-Custodie yes, but it is important that you have the knowledge necessary to achieve them in the most robust way. “Not your keys – not your crypto”.
