Whenever
you decide to download and create a ledger wallet, you need to understand that
a recovery phrase is generated. A lot of times, these phrases are a 24-word
phrase that can be read by humans. Why is that so? This phrase is designed to
be used for so many reasons to make your Ledger
live account access in the future very simple no matter where you are. So,
you should always be ready to know more about such details and its specifics.
Most times, it is hard to appreciate such details. However, when you know them,
it helps you to stay on guard and be secured no matter what.
Some
details to note down
Your access
to your recovery phrase will be required mainly for two reasons. They are:
1. When your Ledger
wallet (Ledger钱包) is destroyed or
lost. In such an instance, you can enter the phrase on a brand new device for
complete access to all your digital assets. This makes restoring or recovering
your account or wallet very simple. Also, when you get back access to your
wallet, it comes with all crypto assets in place and nothing missing.
2. New device cloning. When you enter this recovery phrase onto
another device, you can have two hardware wallets. So, you can use them at the
same time or on different occasions. You can clone a device when you upgrade to
a higher model.
It is true
that the use of the Ledger nano
recovery phrase might seem not to be something that is used often, you might
take it for granted. However, there is nothing like being too careful. So, make
sure you do not allow the mindset that you will never lose your device and
others cloud your mind. When that happens, you will be forced to take the
recovery address for granted and that is always a huge problem. There is
nothing wrong in keeping these 24 words that can save you from the stress of
your life. It might seem unnecessary. However, just go through with it for your
own good.
Click here to know more about #Ledgernano
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