Youâll often hear the terms mnemonic seed or mnemonic phrase used to describe the same idea. Some believe that these are poor descriptors, however, as they imply that the phrase needs to be memorized.
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Seed phrases are not cryptocurrency-specific. They can be used across hundreds, so that one seed can actually be used to recover an entire portfolio of coins and tokens. The majority of leading wallets allow the user to recover their funds with a seed phrase, provided they have correctly recorded it.
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