Seed Phrase & Creating a Wallet โ
When you first create a wallet in Omnyx, you will receive a 12-word seed phrase.
A seed phrase is a unique sequence of words that serves as the master key to your wallet. It is the only way to recover your wallet if you lose your device or password.
โ ๏ธ Warning: If you lose your seed phrase, you will permanently lose access to your funds. No one โ including Omnyx Wallet โ can restore it for you.
How to store your seed phrase securely โ
- Write it down on paper or another offline physical medium.
- Store it in a place where only you have access. Do not share it with anyone. Legitimate support will never ask for your seed phrase.
- Never save your seed phrase on a computer, phone, cloud storage, or take screenshots โ hackers can steal it.
Passphrase (25th Word) โ
When creating a wallet, you can also set an optional passphrase.
- This is not just a password โ it acts as an extra word added to your seed phrase. So if someone steals your seed, they donโt have access to your funds without knowing the passphrase.
- It must also be recorded and stored securely.
- Without this passphrase, you will not be able to recover wallets created or imported with it.
๐ Think of your seed phrase + optional passphrase as the absolute key to your wallet. Whoever has both can fully control your funds.