common-close-0
BYDFi
Trade wherever you are!
header-more-option
header-global
header-download
header-skin-grey-0

How can I retrieve my lost 12-word recovery phrase for my digital currency wallet?

avatarGiannis FrantzeskakisNov 27, 2021 · 3 years ago3 answers

I lost the 12-word recovery phrase for my digital currency wallet. Is there any way I can retrieve it?

How can I retrieve my lost 12-word recovery phrase for my digital currency wallet?

3 answers

  • avatarNov 27, 2021 · 3 years ago
    Unfortunately, if you have lost your 12-word recovery phrase for your digital currency wallet, there is no way to retrieve it. The recovery phrase is designed to be the only way to access your wallet and recover your funds in case of loss or theft. It is crucial to keep your recovery phrase in a safe and secure place, such as a hardware wallet or a password manager. Losing the recovery phrase means losing access to your wallet and the funds stored in it.
  • avatarNov 27, 2021 · 3 years ago
    Hey there! Losing your 12-word recovery phrase can be a real bummer. But don't worry, there might still be some hope. If you have a backup of your wallet, you can try restoring it using the backup file or the private key associated with your wallet. Some wallets also offer alternative recovery methods, such as email recovery or social recovery, which can help you regain access to your funds. However, if none of these options work, it's important to learn from this experience and create a new wallet with a new recovery phrase to ensure the safety of your future funds.
  • avatarNov 27, 2021 · 3 years ago
    I'm sorry to hear about your lost recovery phrase. Unfortunately, BYDFi cannot retrieve your lost 12-word recovery phrase for your digital currency wallet. The recovery phrase is generated locally on your device and is not stored on BYDFi's servers. It is important to keep your recovery phrase in a secure place and make backups to avoid situations like this. If you have any further questions or need assistance with other aspects of digital currency, feel free to reach out to us.