4 Setting up a passphrase
Set up a passphrase to add a layer of security to your crypto assets. This option is only
recommended for advanced users. Carefully read this article before setting up a
passphrase.
Security tips
The recovery phrase and passphrase functionalities enable a range of security setups.
You may use them to design the security strategy that meets your personal situation.
Please do not overcomplicate things, the best security setup is one that you master and
can execute with confidence.
How the passphrase works
The 24-word recovery phrase saved during the initial setup of your Ledger hardware
wallet fully backs up the private keys providing access to your accounts. You must store it
in a secure place.
● The passphrase is essentially a password added to your 24-word recovery phrase
that provides access to a whole new set of accounts.
● The passphrase protects your crypto assets if your 24-word recovery phrase were
to be compromised. To access passphrase-protected accounts, an attacker will
need your recovery phrase as well as your secret passphrase.
● Each different passphrase unlocks a unique set of accounts. You can use as many
passphrases as you like.
● The passphrase can be applied to every coin managed by the Ledger device.
Prerequisites
Your device is set up and runs the latest firmware.
Ensure your recovery phrase is accessible, just in case.
Read this article fully before you start.
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