Can I use the same trust wallet recovery phrase for multiple digital wallets or should I generate a unique one for each wallet?

3 answers

• Nov 26, 2021 · 3 years ago
  Yes, you can use the same recovery phrase for multiple digital wallets. This can be convenient if you want to manage multiple wallets with the same set of keys. However, it also increases the risk, as compromising one wallet could potentially lead to the compromise of all wallets using the same recovery phrase. It's generally recommended to generate a unique recovery phrase for each wallet to enhance security.
  413207
• Nov 26, 2021 · 3 years ago
  Absolutely! You can totally use the same recovery phrase for multiple digital wallets. It's like having a master key that unlocks all your wallets. Just make sure you keep it safe and secure, as losing or exposing your recovery phrase could result in the loss of all your wallets. So, it's always a good practice to have a backup and store it in a safe place.
  359120
• Nov 26, 2021 · 3 years ago
  While it is technically possible to use the same recovery phrase for multiple digital wallets, it's generally not recommended for security reasons. Each wallet should ideally have its own unique recovery phrase to minimize the risk of a single point of failure. By generating a unique recovery phrase for each wallet, you can ensure that even if one wallet is compromised, the others remain secure. So, it's advisable to generate a unique recovery phrase for each wallet you create.
  482121