Seed Phrase vs Private Key: Wallet Safety Explained
Learn the difference between a seed phrase and private key, what a wallet address and password protect, what may be shared, and how to respond to exposure.
Topic
Safety checks, scam prevention, recordkeeping and compliance basics for everyday crypto payments.
Learn the difference between a seed phrase and private key, what a wallet address and password protect, what may be shared, and how to respond to exposure.
Spot crypto scam red flags in fake support, investment, address-poisoning, invoice-substitution, and recovery schemes; contain damage and preserve evidence.
Size a crypto test transaction above live minimums, verify the TxID on the correct block explorer, confirm the account was credited, and decide on evidence.
Understand how the crypto Travel Rule, KYC, AML, sanctions checks and source-of-funds records fit together, and what to keep on file for one payment.