Lesson 3 of 44 min

Wallets, addresses and keys

Address

It's like your account number: you can share it with whoever will send you crypto. Each network has its own address format.

Private key and recovery phrase

They are the "master password" of a wallet. Whoever has the recovery phrase controls the funds. Never share it with anyone, not even with support.

Types of wallet

  • On a platform (like your SnowBridge account or an exchange): more practical; the platform takes care of technical security.
  • Personal (wallet app or physical device): you keep the recovery phrase and are solely responsible for it.

Best practices

  • Copy and paste addresses. Never type by hand.
  • Check the beginning and end of the address after pasting.
  • Keep the recovery phrase on paper, away from your phone and the cloud.

Summary

  • The address can be shared; the recovery phrase, never.
  • Copy, paste and check the beginning and end of the address.

Quick check

What can you share to receive crypto?
Where to keep the recovery phrase?