A secret cryptographic key that proves ownership of cryptocurrency at a specific address. Anyone with the private key can spend the funds. Private keys are typically generated from a 12 or 24-word seed phrase. Never share your private key or seed phrase. There is no recovery mechanism — if you lose them, the funds are permanently inaccessible.
Private key
A secret cryptographic key that proves ownership of cryptocurrency at a specific address. Anyone with the private key can spend the funds. Private keys are typically generated from a 12 or 24-word seed phrase. Never share your private key or seed phrase. There is no recovery mechanism — if you lose them, the funds are permanently inaccessible.
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