Brave Wallet gives you the power to own and manage your crypto assets without relying on any intermediaries.
Never heard of a recovery phrase? You can learn more here.
Brave Wallet relies on the BIP-39 standard, which is used for generating mnemonic phrases, also known as recovery phrases or seed phrases.
The BIP-39 standard contains a list of 2048 words. In Brave Wallet, 12 words are randomly generated from this list to create the recovery phrase. The randomness provided by the BIP-39 12 word recovery phrase makes it nearly impossible to crack.
Listed below is a visual breakdown of how ownership works in Brave Wallet.
Recovery Phrase: It serves as the backup for your crypto wallet and private keys. In Brave Wallet, 12 words are randomly generated from the BIP-39 list to create the recovery phrase. NEVER share your recovery phrase.
Private Key: It serves as the backup and recovery key to a specific crypto address. It also gives ownership of any assets stored on that specific address. Each crypto address has a unique associated private key. The private key can only recover it's associated crypto address and no other addresses. NEVER share your private key.
Crypto Address: This address is the one visible in your wallet and used to receive crypto and interact with Web3.
In Brave Wallet, you can create primary crypto accounts (or addresses) that may be backed up or restored from your recovery phrase.
You can also import accounts and private keys created with another wallet or recovery phrase. These accounts can be used with Web3 dApps, and can be shown in your portfolio.
Note: Imported accounts cannot be restored from the recovery phrase of your primary account backup, as shown below.
Brave does not store or have access to your recovery phrase or private keys. The recovery phrase is the ONLY way to regain access to all primary accounts in the event of a lost password, stolen device, or similar circumstance.
Do not disclose your recovery phrase or private keys to anyone. Brave will never ask you for this information.