Wallet PIN
A wallet PIN is a short code used to unlock a wallet device or application.
✦ Key Insight
It adds protection against casual device access and some physical attacks.
✕ Common Misconceptions
A PIN is not a substitute for a recovery backup and weak PINs can be guessed if device protections are poor.
Detailed Explanation
In Practice
Dig Deeper
Hardware Wallet
A physical, offline device (such as Ledger Nano S/X, Trezor Model T, or KeepKey) that securely stores your cryptocurrency private keys and signs transactions without ever exposing the keys to the internet or your computer/phone.
Private Key
A private key is a secret cryptographic code that proves ownership of crypto assets and allows the holder to authorize transactions.
Security Settings
Central hub on the CEX where you manage passwords, 2FA, anti-phishing codes, login alerts, and device management.
Seed Phrase
A seed phrase is a set of words that acts as the master backup for a crypto wallet.
Wallet Password
A wallet password is a password used to unlock local wallet software or decrypt stored wallet data.