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how to backup okx wallet
To safeguard your OKX wallet, follow the step-by-step guide, ensuring you securely store the generated 12-word mnemonic phrase, which serves as a failsafe for wallet recovery in case of device loss or damage.
Nov 05, 2024 at 11:02 am
- Download the OKX app from the Apple App Store or Google Play Store.
- If you already have the app installed, open it.
- Tap on the "Account" icon located at the bottom right-hand corner of the screen.
- Under the "Account" page, tap on "Wallet Management."
- On the "Wallet Management" page, tap on the "Backup Wallet" option.
- Read the disclaimer and tap on "Continue" to proceed.
- Enter a strong password and confirm it. This password will be used to encrypt your wallet backup.
- OKX will generate a 12-word mnemonic phrase. Write down these words in order on a piece of paper. Store this paper in a safe place.
- The mnemonic phrase is used to recover your wallet if you lose or damage your device. Therefore, it is crucial to keep this safe.
- Re-enter the mnemonic phrase to confirm it.
- Once you have confirmed the mnemonic phrase, tap on "Backup complete."
- Keep the paper with the mnemonic phrase in a safe and secure location. Do not store it digitally or on your device.
- To test your backup, create a new OKX account and import your wallet using the mnemonic phrase. If you can access your funds in the new account, your backup is successful.
- Keep your backup private and do not share it with anyone.
- Do not take a screenshot of the mnemonic phrase or store it on your device.
- It is recommended to create multiple backups and store them in different locations.
- If you lose your backup, you will lose access to your funds in your OKX wallet.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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