The moment your crypto wallet is created, a unique phrase is generated, known as your ‘Secret Recovery Phrase’ (SRP) or ‘seed phrase’. And yes, this phrase may seem cryptic, but really, it’s just a cryptographic master password that you need to keep secret. This is the seed from which your digital public addresses and private keys sprout—one pair for every account you generate in MetaMask. How does a crypto wallet work To find out your address, click the name of your wallet and MetaMask will copy it to your clipboard. Other wallets have near-identical setup processes.
The first lesson of crypto wallets is that they are nothing like the billfold in your purse or back pocket, holding cash and credit cards. Rather, a crypto wallet is a form of digital storage to secure access to your crypto. You’re our first priority.Every time. CEO, PhD in data science with 6 years solid experience in blockchain and cryptocurrencies, 10 years in IT. Konstantin is well-known as the co-founder and CEO of Changelly.com, biggest cryptocurrency instant exchange with over 2 millions active customers monthly and $0.5bln in monthly turnover. Konstantins interests are: decentralization, custody-free solutions, p2p exchangers.