Digital Assets
Seed Phrase
Definition
What is Seed Phrase?
A sequence of words used to restore access to a cryptographic wallet.
Example in practice
How This Looks in Practice
The investor stores the seed phrase offline and never shares it.
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Related Terms
Digital Assets
Cryptocurrency
A digitally represented asset that uses cryptographic and distributed-ledger systems for issuance or transfer.
Digital AssetsDigital Asset
An electronically represented item of value or right that can be owned or transferred.
Digital AssetsBlockchain
A distributed record of transactions grouped into linked blocks and maintained by a network.
CommoditiesPrecious Metal
A scarce metal commonly held for industrial use, jewellery, or investment.