Private Keys and Recovery Phrases Explained
Know how keys and recovery phrases relate, why exposure matters and how to respond to a compromise. Explore practical checkpoints, common mistakes and related guides to make more informed wallet decisions before moving assets.
How credentials differ
Start by defining the action and checking the device you are using. Know how keys and recovery phrases relate, why exposure matters and how to respond to a compromise. Never enter a private key or recovery phrase into an unfamiliar site.
Before proceeding
- Is this the source or device you intended to use?
- Are the network and address details correct?
- Are sensitive credentials kept offline and private?
Reduce exposure
Work in a deliberate sequence: verify the source, check credentials and the network, take only the required action, then review the outcome. Inspect all signing details.
Respond to possible exposure
Afterwards, keep only non-sensitive notes and confirm your recovery plan still works. Stop if you cannot verify the source or the transaction details.
Before proceeding
- Is this the source or device you intended to use?
- Are the network and address details correct?
- Are sensitive credentials kept offline and private?