How can I recover my digital assets if I lose my Ledger Nano X?

capsApr 14, 2022 · 3 years ago1 answers

I recently purchased a Ledger Nano X to store my digital assets, but I'm concerned about what would happen if I were to lose it. How can I recover my digital assets if I lose my Ledger Nano X? Is there a backup or recovery process?

Digital Assets

Ledger Nano X

Recovery

1 answers

Apr 14, 2022 · 3 years ago
At BYDFi, we understand the importance of keeping your digital assets safe. If you lose your Ledger Nano X, you can recover your assets by following a simple process. The Ledger Nano X comes with a recovery phrase, which is a set of 24 words that you should write down and store in a secure location. To recover your assets, you would need to obtain a new Ledger Nano X or another compatible hardware wallet. During the setup process, you will be prompted to enter your recovery phrase. Once you enter the correct recovery phrase, your wallet will be restored, and you will regain access to your digital assets. Remember to keep your recovery phrase safe and never share it with anyone to protect your funds from unauthorized access.