Topic: Why some wallet don't display seed phrase? (Read 451 times)
Hey! That’s a tough situation, and I’ve actually been there myself once. If you don’t have your seed phrase or a backup, recovering your funds is next to impossible, especially with wallets that don’t display the phrase. Some wallets do give options like cloud backups or hardware recovery, but if you didn’t set up anything like that, your funds might be lost for good. Honestly, after I had a similar scare, I’ve started writing down my seed phrases and storing them in a safe spot. It’s not ideal, but it’s better than losing access.
What can I do to recover my funds if I lose access to my wallet due to computer failure or lost phone, and I don't know my seed phrase, especially if the wallet didn't display the seed phrase during setup?
Most especially I'm concerned about wallet that don't display seed phrase. Thank you
Hold up mate,Most especially I'm concerned about wallet that don't display seed phrase. Thank you
What do you mean there are wallets that don’t display their seed phrases or private keys in the setup?
It’s the first I’ve heard of this except, your taking about custodian wallets here else, none custodian wallets always puts these (seed phrase) out for re-entry as a form of verification during the setup. They ensure you get to take it down somewhere and input them in their order yourself.
You wouldn’t get any help pampering yourself this way in not telling what actually took place. For nine custodian wallets, without your seed phrase or private key and you eventually lost access to it on your device, it’s all gone. Should you still have access on your device and don’t know where you had place them seed phrase, you could always bring it back up.
What can I do to recover my funds if I lose access to my wallet due to computer failure or lost phone, and I don't know my seed phrase, especially if the wallet didn't display the seed phrase during setup?
Sorry, but you won't be able to recover your funds if you lose access to your wallet due to computer failure. If data on your Hard Drive is safe then you may somehow be able to get your account back even after computer failure but if you lose your phone and wallet is present on phone only and it's a personal wallet then you won't be able to get access to your funds again. 
Why some wallet don't display seed phrase? That is mean that your wallet is non custodial wallet and maybe you need some recovery email to open your wallet to regain access back of your account or you just forget that your wallet have seed phrase in setting but didn't display it at first setup
maybe this picture will be handy to other people aswell.
https://www.moonpay.com/learn/blockchain/custodial-vs-non-custodial-wallets
maybe this picture will be handy to other people aswell.
https://www.moonpay.com/learn/blockchain/custodial-vs-non-custodial-wallets
Good day, members of this great forum! I come with a few questions that are confusing me, and I'd appreciate a little explanation. Here is my question.
What can I do to recover my funds if I lose access to my wallet due to computer failure or lost phone, and I don't know my seed phrase, especially if the wallet didn't display the seed phrase during setup?
Most especially I'm concerned about wallet that don't display seed phrase. Thank you
We either have Centralized or decentralized wallets which the Centralized wallets may only enable you to set up passwords to login with no seed phrases required as fact of operating in a central system where note your keys and not your coins. So it's usually risky to operate in this format because you're not alright in charge of your funds that's why it's not advisable to save our funds in the Central networks.What can I do to recover my funds if I lose access to my wallet due to computer failure or lost phone, and I don't know my seed phrase, especially if the wallet didn't display the seed phrase during setup?
Most especially I'm concerned about wallet that don't display seed phrase. Thank you
So if you lost or not reachable to your device and want to log on to other devices, you can always use your password and if in any case you lost it, you can as well recovery it through access of your email and or phone number you used to process the registration.
Seed phrases are basically for stronger private networks like the decentralized exchanges and self custodial wallets which gives you alright to your funds and Privacies of your wallet.
What can I do to recover my funds if I lose access to my wallet due to computer failure or lost phone, and I don't know my seed phrase, especially if the wallet didn't display the seed phrase during setup?
Most especially I'm concerned about wallet that don't display seed phrase. Thank you
Most especially I'm concerned about wallet that don't display seed phrase. Thank you
You may have to first take your time in reading between what a custodial and non custodial wallet is.
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A custodial wallet is a wallet in which a third party (usually a crypto exchange) is responsible for managing your private keys. Instead of having custodial access to your funds, a service provider gets complete control of your money.
A non-custodial wallet is a wallet in which you are responsible for storing and managing your private keys. Instead of third parties like crypto exchanges having custodial access, you have full control over your digital assets. https://www.moonpay.com/learn/blockchain/custodial-vs-non-custodial-wallets
A non-custodial wallet is a wallet in which you are responsible for storing and managing your private keys. Instead of third parties like crypto exchanges having custodial access, you have full control over your digital assets. https://www.moonpay.com/learn/blockchain/custodial-vs-non-custodial-wallets
Additionally, when choosing a wallet, only a non custodial wallet is regarded as a crypto wallet while the non custodial could be seen only as account, you can never be given access to your wallet from using a custodial wallet like the one from exchanges, because they are responsible for holding your keys and cannot reveal such private keys to you, but if it were to be a non custodial wallet, your wallet seed phrase must be seen by you once a wallet is set up.
If you are using a non-custodial wallet, you will be given a seed upon opening a new wallet. It usually ask you to copy out this seed and store it safely. Aside exchange account or custodial wallets, where they literally hold the key to your funds, you should find your seedphrase in you wallet any time you need it. Just go to settings, you will find it. Always remember to back up your seed, and use wallets that give you total control of your keys.
I also think non custodial wallets are safest way to store your cryptocurrency. When we open new wallet we get special code called seed phrase. We should keep this code safe because it unlocks our funds. Non custodial wallets let us control our money unlike other types of wallets that hold keys for you. We should always save your seed phrase and choose wallets that put you in charge of your money.Highly recommended wallet is Hardware wallet. If anyone can afford so I will recommend to use hard ware wallet.
This doesn't even make sense, you need seed phrase to create a wallet if it's non custodial such as Electrum so if you haven't been given seed phrase then the wallet wouldn't be exist in the first place.
That is not correct. There are some wallets that do not use the common BIP39 mnemonic seed phrase. Bitcoin Core is one of them, for example.
Whatever no seed phrase mean you can't access your wallet, end of the story.
Not quite right either. There are other methods of backing up wallets besides the seed phrase.
Then you’re most probably not using a wallet that is decentralized that’s why you cannot see your seed phrase.
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Thats the wrong term you are using. There are no decentralized wallets, afaik. Bitcoin blockchain is decentralized due to numerous decentralized nodes, but all wallets are pretty much centralized because they mostly run on only one single device (computer, smartphone or server).
Well, it's not totally true, some wallets are non custodial/self custody and don't display any seed phrase actually. This is a new kind of wallets, they are using passkeys instead of numerical seeds. Exodus, Trust wallet and few others are already offering such feature. You won't need and won't be able to physically back up your seed, but you will be able to get back your wallet whenever you want as long as you can access your passkey.
https://trustwallet.com/fr/blog/security-recoverability-of-smart-wallets
I don't like this backup way because it gives the backup responsibility to the company, like how we trust centralized exchanges to create, backup wallet and secure our funds.https://trustwallet.com/fr/blog/security-recoverability-of-smart-wallets
I did not touch wallets with passkeys and maybe I knew it a first time, through you, thank you for this information that I will read to understand more about passkey. From my quick thinking, this method is not good.
You know, we know "Not your keys, not your coins". Now, with passkeys, we have no private keys in hands, and in backups. What we have is passkey and we have to knock doors of Trust wallet and their customer support team, to access our coin. Assume I understand it correctly, I dislike this method.
Maybe it is different but like Ledger hardware wallet with their Recover product, that is terrible and many people dislike Ledger Recover.
Then you’re most probably not using a wallet that is decentralized that’s why you cannot see your seed phrase.
We usually use the terms "custodial" and "non-custodial" for comparison of wallets, not the terms "centralized" and "decentralized".If a wallet gives you access to your keys, it's non-custodial and if it doesn't give you access to your keys, it's custodial.
What can I do to recover my funds if I lose access to my wallet due to computer failure or lost phone, and I don't know my seed phrase, especially if the wallet didn't display the seed phrase during setup?
This doesn't even make sense, you need seed phrase to create a wallet if it's non custodial such as Electrum so if you haven't been given seed phrase then the wallet wouldn't be exist in the first place.
Or you created seed phrase on your own or via other tools and then imported in a wallet that's supports the seed type?
Whatever no seed phrase mean you can't access your wallet, end of the story.
What can I do to recover my funds if I lose access to my wallet due to computer failure or lost phone, and I don't know my seed phrase, especially if the wallet didn't display the seed phrase during setup?
Then you’re most probably not using a wallet that is decentralized that’s why you cannot see your seed phrase. All decentralised wallets gives seeds phrase upon opening the account, if you’re not shown upon opening it, with your password set in the account, you can always check in the app to view your seed phrase and copy it down in case of computer failure or damaged phone.
If you’ve lost your phone or there’s a computer failure that you can’t have access to the wallet, I’m sorry, those funds are gone and cannot be retrieved. They will remain in those wallets forever until you have the seed phrase again and gain that access back into the wallet to spend the coins.
I guess its considered as a loss of your money because first place, you lose your seed phrase, and one of the basic reminders upon creating a wallet is having the seed phrase with you to write it down, its the key to access your account, upon setting up a new wallet they ask you if you have an already existing seed phrase so you can sync it out without getting trouble. In what particular wallet you are using or you are using an exchange as your wallet?.
It is a normal procedure of wallet creation with non custodial (self custodial) wallets and you can not lose your wallet seed phrase because during creation, you will be asked to retype one of words, if matched, it will continue. Else you will not complete your wallet creation, then can not get address for receiving fund. People lost fund because they lost their backups one way or another.With custodial wallet except centralized exchanges, I don't know their procedure in creation because I did not use such wallet for a long time. As always warned, No private keys, No mnemonic seeds, big risk of losing your money to that wallet company, the custodian of your coin.
Good day, members of this great forum! I come with a few questions that are confusing me, and I'd appreciate a little explanation. Here is my question.
What can I do to recover my funds if I lose access to my wallet due to computer failure or lost phone, and I don't know my seed phrase, especially if the wallet didn't display the seed phrase during setup?
What can I do to recover my funds if I lose access to my wallet due to computer failure or lost phone, and I don't know my seed phrase, especially if the wallet didn't display the seed phrase during setup?
I guess its considered as a loss of your money because first place, you lose your seed phrase, and one of the basic reminders upon creating a wallet is having the seed phrase with you to write it down, its the key to access your account, upon setting up a new wallet they ask you if you have an already existing seed phrase so you can sync it out without getting trouble. In what particular wallet you are using or you are using an exchange as your wallet?.
Good day, members of this great forum! I come with a few questions that are confusing me, and I'd appreciate a little explanation. Here is my question.
What can I do to recover my funds if I lose access to my wallet due to computer failure or lost phone, and I don't know my seed phrase, especially if the wallet didn't display the seed phrase during setup?
Most especially I'm concerned about wallet that don't display seed phrase. Thank you
As answered by all friends above, if you create a custodial wallet, it means there is no seed phrase because you have trusted a third party. Even if you can't log in, you can ask CS for help. However, if you use a non-custodial wallet, you are responsible for the seed phrase yourself, actually there are some non-custodial wallets that do not display the phrase when creating a new wallet but you can see in the settings to display the backup seed phrase. If this seed phrase is not saved properly when a problem occurs as you described, the risk is that all your assets will be lost.What can I do to recover my funds if I lose access to my wallet due to computer failure or lost phone, and I don't know my seed phrase, especially if the wallet didn't display the seed phrase during setup?
Most especially I'm concerned about wallet that don't display seed phrase. Thank you
That's what's important when creating a non-custodial wallet, you have to be careful in choosing a wallet, if from the start the wallet does not display the seed phrase, it cannot be displayed in the settings either, it's better not to use it, find another wallet. Make this a lesson for you in the future so that you don't choose a wallet carelessly.
However, it's just right that you're concerned "about wallet that don't display seed phrase." These are custodial wallets. Such wallets are not to be fully trusted. If you value control and ownership more than anything else, you choose non-custodial wallets. And look for those that are open-source.
Choose non custodial wallets.Newbie users: https://bitoin.org/en/choose-your-wallet?step=5&platform=windows&user=beginner&important=control
Experienced users: https://bitcoin.org/en/choose-your-wallet?step=5&platform=windows&user=experienced&important=control
It is for Windows, you can choose different OS like MacOs, Linux, Mobile like iOS, Android and Hardware wallets too.
If you are more careful, you can read reviews on another website https://walletscrutiny.com/
Type the wallet software name, and enter for available reviews, including what we're interested here, Open source ~ Reproducible.
There are different kinds of wallets, not all provide you with a seed phrase. But using such wallets doesn't necessarily mean you lose your funds when you lose access to your computer or phone. Surely, when you setup a wallet, you have login information-- password, PIN, username, whatever. So when your computer or phone dies, you can still access your wallet in a different computer or phone using such information.
However, it's just right that you're concerned "about wallet that don't display seed phrase." These are custodial wallets. Such wallets are not to be fully trusted. If you value control and ownership more than anything else, you choose non-custodial wallets. And look for those that are open-source.
However, it's just right that you're concerned "about wallet that don't display seed phrase." These are custodial wallets. Such wallets are not to be fully trusted. If you value control and ownership more than anything else, you choose non-custodial wallets. And look for those that are open-source.
Well, it's not totally true, some wallets are non custodial/self custody and don't display any seed phrase actually. This is a new kind of wallets, they are using passkeys instead of numerical seeds. Exodus, Trust wallet and few others are already offering such feature. You won't need and won't be able to physically back up your seed, but you will be able to get back your wallet whenever you want as long as you can access your passkey.
https://trustwallet.com/fr/blog/security-recoverability-of-smart-wallets
I don't like this backup way because it gives the backup responsibility to the company, like how we trust centralized exchanges to create, backup wallet and secure our funds.https://trustwallet.com/fr/blog/security-recoverability-of-smart-wallets
I did not touch wallets with passkeys and maybe I knew it a first time, through you, thank you for this information that I will read to understand more about passkey. From my quick thinking, this method is not good.
You know, we know "Not your keys, not your coins". Now, with passkeys, we have no private keys in hands, and in backups. What we have is passkey and we have to knock doors of Trust wallet and their customer support team, to access our coin. Assume I understand it correctly, I dislike this method.
Maybe it is different but like Ledger hardware wallet with their Recover product, that is terrible and many people dislike Ledger Recover.
Only custodial wallets and centralised exchange wallets do not display your seed phrase when you are creating a wallet for the first time , it's important to back up the wallet offline so you can still access the wallet even if the device is not accessible at the moment by accessing the wallet via another device through your seed phrase.
Well, it's not totally true, some wallets are non custodial/self custody and don't display any seed phrase actually. This is a new kind of wallets, they are using passkeys instead of numerical seeds. Exodus, Trust wallet and few others are already offering such feature. You won't need and won't be able to physically back up your seed, but you will be able to get back your wallet whenever you want as long as you can access your passkey.https://trustwallet.com/fr/blog/security-recoverability-of-smart-wallets
Good day, members of this great forum! I come with a few questions that are confusing me, and I'd appreciate a little explanation. Here is my question.
What can I do to recover my funds if I lose access to my wallet due to computer failure or lost phone, and I don't know my seed phrase, especially if the wallet didn't display the seed phrase during setup?
Most especially I'm concerned about wallet that don't display seed phrase. Thank you
What can I do to recover my funds if I lose access to my wallet due to computer failure or lost phone, and I don't know my seed phrase, especially if the wallet didn't display the seed phrase during setup?
Most especially I'm concerned about wallet that don't display seed phrase. Thank you
The simple fact is that you need to create a backup of your wallet as soon as you create it and then secure the keys/seedphrase yourself.
If you fail to do this and lose the access to the wallet then you lose your funds as well.
This is why you need to be diligent enough while setting up wallets.
That's not true. Many custodial wallets have different methods for their users to log into their accounts and access their funds. Losing your device or having a problem with it wouldn't mean you have lost your coins unless the user also loses access to the method he used to create the account such as an email address or something. If someone has created a wallet account using an email address, they might be able to reset their password using that email address on a new device and get access to their funds.
It seems you are misinterpreting my post. I'm not talking about the method to access whatever platforms Op uses to store his funds but rather, I'm concerned about the funds specifically. Op stated that the wallet did not display seed phrase which is the genesis of the problem. No one would have bothered about faulty device or the old wallet is accessible or not if he has the seed phrases. I will still repeat myself, if you don't have the keys, the coins is not entirely yours.
While we are waiting for OP to tell us the name of the crypto wallet he/she is referring to, that didn't allow him/her to view it's seed phrase, I was able to make my own personal research, and I got to discover two wallets, namely "Nami Wallet" which is claim to be non-custodial browser-based wallet extension for Cardano blockchain which is used for sending and receiving of all Cardano tokens and assets, and doesn't allow display of wallet seed phrase, whereas, another wallet that doesn't have seed phrase is "Zengo wallet" which happens to a self custodial crypto wallet which supports Bitcoin and all other coins, such as Ethereum, BNB, & others.
So is any of the two wallets I mentioned the one you were referring to?
So is any of the two wallets I mentioned the one you were referring to?
What made them non custodial wallet then? They claim to have no access to seed phrase and likewise the user have no access to seed phrase, who then possess the seed phrases? And how do they expect one to access their funds outside that wallet? Seed phrase can not just be in the air, either the platform or the user must possess the seed phrases.
The reason is that it is a non-custodial wallet and if it is also a centralized exchange. If there's no seed phrase display then you don't have full control and that's the reason why you should never store your crypto for too long if it's in a centralized exchange and you should not use it if it's a non-custodial wallet. The saying goes with that which is "NOT YOUR KEY NOT YOUR COINS" so better use wallet that display seed phrase and never share it to anyone. Also make a backup of your seed phrase, if you lose it then you cannot recover it. Can you share what wallet is it?.
While we are waiting for OP to tell us the name of the crypto wallet he/she is referring to, that didn't allow him/her to view it's seed phrase, I was able to make my own personal research, and I got to discover two wallets, namely "Nami Wallet" which is claim to be non-custodial browser-based wallet extension for Cardano blockchain which is used for sending and receiving of all Cardano tokens and assets, and doesn't allow display of wallet seed phrase, whereas, another wallet that doesn't have seed phrase is "Zengo wallet" which happens to a self custodial crypto wallet which supports Bitcoin and all other coins, such as Ethereum, BNB, & others.
So is any of the two wallets I mentioned the one you were referring to?
So is any of the two wallets I mentioned the one you were referring to?
Most especially I'm concerned about wallet that don't display seed phrase. Thank you
I know people have asked already, but sorry, gonna ask again - what wallet was this? (I noticed you have been active on here lately, but you didnt responded to this thread yet.)
Unless we know the specific wallet, its kinda hard to say for sure what your options are here. But lets be real - if you lost that seed phrase, things dont look too good as far as getting your coins back. Im not saying its 100% impossible though and depending on the situation, you may still have a shot.
So if you can share a few more details on what happened maybe we can figure something out.
What can I do to recover my funds if I lose access to my wallet due to computer failure or lost phone, and I don't know my seed phrase, especially if the wallet didn't display the seed phrase during setup?
Most especially I'm concerned about wallet that don't display seed phrase. Thank you
If you don’t have seed phrase, you don’t have anything meaning you are not the owner of your coin because it is only with seed phrase or private key you can recover your wallet and the coins you have in there.Most especially I'm concerned about wallet that don't display seed phrase. Thank you
Noncustodial wallets are the only wallets that gives security seed phrases, others are centralized wallets, they only allow you to sign in using either mail or so, but once you lose your password, you will not be able to recover your asset with them and if the exchange or wallet get hacked, it will be difficult to recover your money.
Remember this always: Not your keys, not your coin.
What can I do to recover my funds if I lose access to my wallet due to computer failure or lost phone, and I don't know my seed phrase, especially if the wallet didn't display the seed phrase during setup?
How do you expect anyone to help you if you didn't even wrote the name of the wallet you used?Not saving seed phrase backup is a big mistake, and it's even bigger mistake if you are using custodial wallet.
Some wallet's don't show seed words during setup but you can show them in menu manually.
Absolutely nothing you can do to recover your funds if you don't have the seed phrases. Refer to popular saying in this space; Not your key, not your coins. That's to tell you that the funds are not yours completely if you don't have the keys and you can possibly lose them any time.
That's not true. Many custodial wallets have different methods for their users to log into their accounts and access their funds. Losing your device or having a problem with it wouldn't mean you have lost your coins unless the user also loses access to the method he used to create the account such as an email address or something. If someone has created a wallet account using an email address, they might be able to reset their password using that email address on a new device and get access to their funds.
The popular saying you are referring to is used to say that when you are storing your funds in custodial wallets or other platforms where you are not given access to your seed phrases or private keys, it means that if something goes wrong with the service you are using, you may lose your assets. It doesn't mean that you will lose your assets if you face a problem with your device.
What can I do to recover my funds if I lose access to my wallet due to computer failure or lost phone, and I don't know my seed phrase, especially if the wallet didn't display the seed phrase during setup?
Are you sure you are creating a non custodial wallet cause its 100% impossible not to have seed phrase or private key to any kind of wallet unless you make on a platform that is centralized or exchanges. There seed phrase cant really acquired.Maybe the wallet that you make is fake? What wallet is that btw? Can you tell us.
It sounds like you described a custodial wallet so to try to get your money back, you will need to contact the issuer of that wallet as they are the only one who can help.
If OP can withdraw bitcoins from that account, by submitting a withdrawal request, it's a thing to do now. Most especially I'm concerned about wallet that don't display seed phrase.
It is not important, if you can withdraw your bitcoin now, do it. As other people explained risk of custodial wallets to you, it's not time for you to worry more about how to back up a wallet that does not give you private keys or mnemonic seed. You can not change how that platform designed and how it serves users, but you can proactively withdraw your bitcoin, from it, to a non custodial wallet, as soon as possible.If you leave your bitcoin there, and wait till a negative news about that platform, like withdrawal issues, bankrun, you will have bigger risk of losing your bitcoin.
What can I do to recover my funds if I lose access to my wallet due to computer failure or lost phone, and I don't know my seed phrase, especially if the wallet didn't display the seed phrase during setup?
Absolutely nothing you can do to recover your funds if you don't have the seed phrases. Refer to popular saying in this space; Not your key, not your coins. That's to tell you that the funds are not yours completely if you don't have the keys and you can possibly lose them any time.
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Most especially I'm concerned about wallet that don't display seed phrase. Thank you
Every wallet display seed phrase upon registration unless it is a custodial wallet (mostly exchanges). You probably skipped the page that displays your seed phrase unknowingly.
Next time, please be specific when asking a question so you can get a clear answer. If you have mentioned the wallet, people will know if it's a custodial or non custodial wallet.
It sounds like you described a custodial wallet so to try to get your money back, you will need to contact the issuer of that wallet as they are the only one who can help.
Listen.
That is a big red flag, do not use any Crypto wallet that doesn't give you access to your private key or recovery seed, they are called custodial wallets, meaning they are helping you to keep your keys, this also mean they can go behind your back and move your funds.
I learned this the hard way, I stored some coins on custodial wallets and I lost them all, I can't even remember the name anymore, but free wallet was on of them, I learned the difference from custodial wallets and non-custodial wallets.
There are also so many fake crypto wallets online, even on app stores, you need to find the names of the best crypto wallets that are non-custodial and also the official link too, this is the best way to avoid scam crypto wallet apps.
That is a big red flag, do not use any Crypto wallet that doesn't give you access to your private key or recovery seed, they are called custodial wallets, meaning they are helping you to keep your keys, this also mean they can go behind your back and move your funds.
I learned this the hard way, I stored some coins on custodial wallets and I lost them all, I can't even remember the name anymore, but free wallet was on of them, I learned the difference from custodial wallets and non-custodial wallets.
There are also so many fake crypto wallets online, even on app stores, you need to find the names of the best crypto wallets that are non-custodial and also the official link too, this is the best way to avoid scam crypto wallet apps.
Everyone has given you an answer about noncustodial and custodial wallets.
Most especially I'm concerned about wallet that don't display seed phrase. Thank you
What wallet concerns you? if it's not displaying the seed phrase upon creation, you better not use that wallet at all. It is usually given when you're about to make a wallet so, let us know what wallet you see.
If you don't have a seed phrase (or private key), you are using a custodial service and you don't have full control over your fund.
If you are using a custodial service, you should have an account on the service and your fund is kept by them and they only show you a number as your balance. If you lose account credentials like your password on a custodial service, you should be able to reset your password using your email address and regain access to your account.
If you are using a custodial service, you should have an account on the service and your fund is kept by them and they only show you a number as your balance. If you lose account credentials like your password on a custodial service, you should be able to reset your password using your email address and regain access to your account.
To my knowledge, whenever I create a new wallet, they will show the 12 words and they ask us to fill missing words which a way to verify if we already write or save the seed phrase. So it's impossible for non custodial wallet can't show the seed phrase.
Even you're using custodial wallet, you can still access it because they ask email and password (except you enable 2FA, etc).
So in case you have a problem with your computer or lost your phone, you can still able to access your wallet.
Even you're using custodial wallet, you can still access it because they ask email and password (except you enable 2FA, etc).
So in case you have a problem with your computer or lost your phone, you can still able to access your wallet.
What can I do to recover my funds if I lose access to my wallet due to computer failure or lost phone, and I don't know my seed phrase, especially if the wallet didn't display the seed phrase during setup?
Are you sure you are creating a non custodial wallet cause its 100% impossible not to have seed phrase or private key to any kind of wallet unless you make on a platform that is centralized or exchanges. There seed phrase cant really acquired.Maybe the wallet that you make is fake? What wallet is that btw? Can you tell us.
What can I do to recover my funds if I lose access to my wallet due to computer failure or lost phone, and I don't know my seed phrase, especially if the wallet didn't display the seed phrase during setup?
If you use custodial wallets, you won't have access to either private keys or mnemonic seed phrases.If you use non-custodial wallets, you will have access to private keys and mnemonic seed phrases but some wallet softwares will hide your seed phrase by default. You have to click on Eyes icon to see these words. They do it to reduce risk that your device screen is traced by hackers who will steal your seed phrase and bitcoin.
Reminder: do not keep your money in online accounts
Not your keys, not your coins
Your seedphrase not available is proof that you ain't the direct owner of your funds.
Which usually signifies custodial wallets where a third party helps manage your funds like a bank but with a unique access or password.
Most custodial wallet don't use same recovery method so it would be best if you can share the name of the wallet you currently using.
Which usually signifies custodial wallets where a third party helps manage your funds like a bank but with a unique access or password.
Most custodial wallet don't use same recovery method so it would be best if you can share the name of the wallet you currently using.
If you are using a non-custodial wallet, you will be given a seed upon opening a new wallet. It usually ask you to copy out this seed and store it safely. Aside exchange account or custodial wallets, where they literally hold the key to your funds, you should find your seedphrase in you wallet any time you need it. Just go to settings, you will find it. Always remember to back up your seed, and use wallets that give you total control of your keys.
Only custodial wallets and centralised exchange wallets do not display your seed phrase when you are creating a wallet for the first time , it's important to back up the wallet offline so you can still access the wallet even if the device is not accessible at the moment by accessing the wallet via another device through your seed phrase.
What wallet are you making use of Op? Is it an open source wallet like ELECTRUM or a closed source wallet like unstoppable? The point is whether open source or closed source you can find the seed to your wallet with a few toggles. It's also possible to access the wallet via your master key since it's next in line after your seed phrase.
What wallet are you making use of Op? Is it an open source wallet like ELECTRUM or a closed source wallet like unstoppable? The point is whether open source or closed source you can find the seed to your wallet with a few toggles. It's also possible to access the wallet via your master key since it's next in line after your seed phrase.
Good day, members of this great forum! I come with a few questions that are confusing me, and I'd appreciate a little explanation. Here is my question.
What can I do to recover my funds if I lose access to my wallet due to computer failure or lost phone, and I don't know my seed phrase, especially if the wallet didn't display the seed phrase during setup?
Most especially I'm concerned about wallet that don't display seed phrase. Thank you
What can I do to recover my funds if I lose access to my wallet due to computer failure or lost phone, and I don't know my seed phrase, especially if the wallet didn't display the seed phrase during setup?
Most especially I'm concerned about wallet that don't display seed phrase. Thank you
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