Backing up your wallet is crucial for securing your blockchain assets and allows you to regain access to your funds on another device in the case of events like device failure, theft, or loss.
In this Article:
- About your wallet’s backup
About your wallet’s backup
This backup process does not backup your hardware wallet data. The Trezor secret phrase is a separate phrase that is displayed on the hardware device screen when you first set up your Trezor. If you have a hardware wallet connected to FEX, you will see a warning in the Backup tab.
You only need to backup your wallet once but doing so will ensure that you can regain access to your blockchain assets at any time if you experience problems like your computer or phone breaking or being stolen or lost.
FEX allows you to try the wallet before having to back it up. We want to make sure that FEX is right for you before you go ahead and write down your 12-word secret phrase or password! Once you decide that FEX is right for you and make your first deposit, no matter how small and for whichever asset you prefer, the Backup option will be highlighted with an exclamation mark in an orange triangle (on Desktop) or a pop-up screen (on Mobile) so that you can start the straightforward and simple backup process. You can also start the backup process before the first deposit if you wish.
Backup your wallet in a private location where no one is able to see your screen. Also, be sure not to backup your wallet over a public WiFi connection, where hackers can snoop on you.
For more information about your wallet’s backup check out these articles:
Backup and secure your Desktop wallet:
Images and instructions in this article are using the new FEX App Navigation – you can turn it on or off in Settings > Apps. Read more about how the App Nav works here.