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Ledger is one of the biggest hardware cryptocurrency wallets around and scammers have noticed. Phishing mails are in circulation, hoping to snag Ledger users with a sneaky request for passphrases.
What is a Ledger recovery phrase?
A recovery phrase is an incredibly important combination of words that act as the literal keys to your digital crypto kingdom. The phrase is a human-readable version of a private key—a unique secret that must keep private, because it’s the cornerstone of the cryptography that says you own a crypto-someting rather than somebody else.