Not Your Keys Not Your Coins: Act Now

Not Your Keys Not Your Coins

‘Not Your Keys Not Your Coin’ (NYKNYC) is a popular mantra in cryptocurrency that emphasizes the importance of owning and controlling your private keys.

Wallet Public Address: The Unique Identifier To Safe Transactions

wallet public address

A wallet public address is a string of numbers and letters to which crypto assets like cryptocurrencies, tokens, or NFTs can be sent.

If you want to receive some crypto assets, you will find the relevant public address in your wallet and send the address to the sender.

Seed Phrase: Why Is Absolutely Important To Safeguard It?

Trust wallet backup

The seed phrase also referred to as ‘recovery phrase’, ‘mnemonic phrase’, or ‘secret phrase,’ is a cryptocurrency wallet backup mechanism of a randomly generated cryptographic combination of 12 or 24 sequence of words.