In the world of cryptocurrencies, a MetaMask wallet serves as a crucial gateway. Learn how to secure your wallet with ease and prevent any unpleasant situations with the help of the MetaMask recovery phrase.
What is the MetaMask recovery phrase?
With the help of the well-known Ethereum wallet, MetaMask, users may safely store, control, and communicate with their digital assets on the Ethereum blockchain. The use of a recovery sentence by MetaMask is one of its most compelling aspects. If you misplace your device or forget your password, you can use a recovery phrase, sometimes referred to as a seed phrase, to regain access to your MetaMask wallet.
Basically, your Secret Recovery Phrase is a backup way to enter your MetaMask wallet, and it gives you access to your funds if you forget, by any chance, your password. Long story short, let’s say that your wallet is a house, and you lose the password, which in this case, is the main key. Well, you can still enter your house, but only by using the secondary key (the SRP).
As we have already referred to as the recovery phrase, the seed phrase is an ordered sequence of 12 words generated as soon as you first set up your wallet. This phrase is special to your wallet, which means it only provides access to your account. It is very important not ever to share your Secret Recovery Phrase with anybody, or you might risk losing all your funds from your wallet.
Further, we will take a closer look at the MetaMask recovery phrase and explore why it is so important, how it works, and some basic security tips you must follow to ensure that your recovery phrase is kept safe.
Why is the Secret Recovery Phrase important?
First, let us tell you why it is so important to record it somewhere safe and to remember it. As mentioned, the Secret Recovery Phrase is a distinctive identifier that is connected to the funds stored in your cryptocurrency wallet. Your wallet will automatically produce one of these sentences once you sign up. In fact, your funds are related to that phrase.
This is why you may still access your wallet and funds, thanks to your SRP, even if you forget your password.
We recommend you write both your passwords the old way, on a piece of paper and place it in a safe place such as a deposit box. Although we comprehend that storing them on your computer or mobile device may be handier, you may run into security concerns.
In the hypothetical event that your device breaks and the record of your secret recovery phrase are lost, or if someone hacks your device and gains access to it, he might easily find your secret recovery phrase. He can obtain access to your accounts from there and take all your money.
How to enter the secret recovery phrase in MetaMask?
Without further ado, let’s see how exactly you can find your secret recovery phrase on MetaMask.
First, launch the Chrome browser, and then select the MetaMask Fox symbol in the top right corner. After that, click “Restore account?” The extended view of the MetaMask wallet will now show up in a different browser tab. Once more, click the “Restore account?” link that is located beneath the “LOG IN” button.
You must now enter the Secret Recovery Phrase for your MetaMask wallet to create a new password. After inserting the seed phrase, you create a new password and type it in again for confirmation reasons. Following that, the “RESTORE” button will turn on.
After you click on the “RESTORE” button, your ether account balance will be recovered.
All additional accounts you may have created will likewise be restored using your MetaMask wallet. But your token balances won’t be visible until you click “ADD TOKEN” and enter the public addresses of each aPledge token you’ve ever owned. Once you’ve connected the aPledge token’s public address to an account, the balances will be made available. This needs to be done once for each account.
Basic security tips
To maintain wallet security, follow these simple safety measures:
Tokens in your MetaMask accounts can be taken away by anyone who knows your SRP or private keys. You shouldn’t ever give out your private or SRP keys to anybody, not even to the MetaMask team, because they won’t ever ask you directly for any information. Please report right away to anyone who requests this information on your behalf and claims to be a member of the MetaMask team simply by accessing this link https://support.metamask.io/hc/en-us/articles/360058969391.
Token storage devices like Trezor and Ledger are frequently considered to be safer options. Online scammers face a significant obstacle because they store private keys offline and require physical custody of the wallet to sign transactions.
Maybe you already have asked or still ask yourself why exactly are necessary the Secret Recovery Phrase and a password. Your password and secret recovery phrase are privately secured by MetaMask. That implies that once your wallet is locked, no one will be able to access your money until you reenter your password. If you forget your password, you may get back into your account by using it. It’s crucial to understand that if your seed phrase is lost, neither the MetaMask team nor anybody else can change it or get it back for you.
When you initially log in to MetaMask, a window will appear to set your Secret Recovery Phrase and password. If you remember your password and have a backup of your vault data, you should be able to recover it if you lose it. There is no way to get your account access back if you lose your Secret Recovery Phrase and forget your password.
Sidenote: To better understand what MataMask can do for you, we recommend you check our article on How to add Polygon to MetaMask. These are just a few of the things you need to know about MetaMask to use it to its full potential.