A Seed Phrase (also referred to as Secret Recovery Phrase, Secret Phrase, or Private Key) is a “password” to your Wallet which stores all the information needed to access or recover your funds.
A Seed Phrase consists of a combination of 12 or 24 words and serves the purpose of a back-up key. If the Wallet is lost, the personal recovery phrase can be used to restore the account.
You always need to make sure that you know your 12-Word Seed Phrase. We encourage you to write it down in a safe place, with a water resistant pen and on a durable paper.
If the Wallet is lost and you do not have your Seed Phrase written down, you will need to initiate the Recovery Mechanism. To prevent it, we would recommend you to keep your Seed Phrase safe.
Please follow steps described below:
Step 1:
Go to Aktionariat App and click on “Connect” at the bottom
Step 2:
Click on the available address “This Device” below ‘’All Ethereum Addresses’’
Step 3:
Click on “Edit”
Step 4:
Click on “Back Up Secret Phrase” (for iOS) or “Back Up Account” (for Android)
Step 5:
Click on “Tap to reveal your seed phrase - View”
Step 6:
Write down these 12 words on the screen in the correct order.
Step 7:
Re-enter the 12 words of your Seed Phrase in the correct order.
Congratulations! You have just created a copy of the access keys to your wallet. Make sure to keep the written down Seed Phrase safe.
Disclaimer: Each user is responsible for their own recovery phrase and must keep it safe.
