common-close-0
BYDFi
Trade wherever you are!

How can I secure my digital assets using a 12-word recovery phrase on Coinbase?

avatarTyler FreemanDec 26, 2021 · 3 years ago1 answers

I want to know how I can protect my digital assets on Coinbase using a 12-word recovery phrase. Can you provide me with step-by-step instructions on how to set it up and use it effectively?

How can I secure my digital assets using a 12-word recovery phrase on Coinbase?

1 answers

  • avatarDec 26, 2021 · 3 years ago
    Securing your digital assets on Coinbase with a 12-word recovery phrase is a smart move. Here's how you can do it: 1. Log in to your Coinbase account and go to the 'Settings' page. 2. Scroll down to the 'Security' section and click on 'Recovery Phrase'. 3. Follow the instructions to generate your 12-word phrase. 4. Write down the words in the exact order and keep them safe. 5. Confirm your recovery phrase by entering the words in the correct order. By setting up a recovery phrase, you ensure that even if you forget your password or lose access to your account, you can still recover your funds. It's an essential security measure that every Coinbase user should take.