Post
Topic
Board Beginners & Help
Re: Know your right
by
Dzwaafu11
on 27/09/2025, 13:26:28 UTC
Know your right as a crypto investor.

It is your right to safe guide your recovery seed, I repeat, it is your every right to safe guide your private keys only to yourself, it is your right to know that if you buy a ledger hardware wallet no one from ledger company should ask for your recovery seed or private key for any reason.

This is really important, especially for the beginner, and even as a reminder for professionals, sharing the seed phrase, even by mistake, is the worst thing an investor will do. That is the only way to access your holdings as an investor, so sharing it with anyone, regardless of who he or she is to you, is really risky and is not advisable.

Although I have once had a friend who almost became a victim of such an incident – someone chatted and told him he should send his seed phrase for activation of the account – luckily, he confronted me with the issue, and I discouraged him from doing such. So newbies should actually have the knowledge before doing anything.