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  • Why we recommend Phoenix Wallet
  • Guide Overview
  • 🏰Security Overview
    • Securing the wallet: Overview of the basics
    • WARNING! Important basics to know before setting up a backup
    • How can you lose your Bitcoin?
  • 🔐Create your wallet & backup
    • What you need
    • Wallet Creation
    • Securing Your Backup
  • 📲Send & Receive Bitcoin
    • Steps for receiving payments
    • Steps for Sending Bitcoin
  • 🔎Security & Privacy Configurations
    • Overview
    • Security & Privacy Options
  • ⚠️Summary
    • DO's & DONT's
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  1. Create your wallet & backup

Securing Your Backup

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Last updated 3 years ago

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You have to write down your backup and store it in a secure location.

  1. Get a pen and a piece of paper.

  2. Click on the gear icon in the bottom left.

  3. Select Recovery phrase.

  4. Select Display seed.

  5. Write down each word in the order it is listed in.

  6. Triple check to make sure.

  7. Triple check to make sure.

  8. Triple check to make sure.

  9. Find a secure way to store it. Get creative!

    • You can do two backups and store them in different places.

If Phoenix Wallet suddenly goes out of business and they remove their application from the app stores, having your backup will allow you to still have access to your funds.

You now have a Bitcoin wallet!

🔐
Example of a 24-word backup.