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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: joeperry on May 07, 2021, 11:13:13 AM



Title: Ledger Wallet (Backup Phrase)
Post by: joeperry on May 07, 2021, 11:13:13 AM
Hi everyone, I'm not sure if this is the right section but I would like to ask if the backup phrase that I have would be able to recover all my wallets. I mean in the ledger I have Ethereum, Bitcoin Wallet, Litecoin wallet and more. If I managed to lose my Ledger or it's broken would I be able to recover all my wallets with one backup phrase that was generated by my Ledger?


Title: Re: Ledger Wallet (Backup Phrase)
Post by: mrdeposit on May 07, 2021, 12:08:16 PM
Your answer is on this topic: https://bitcointalk.org/index.php?topic=3345224.0


Title: Re: Ledger Wallet (Backup Phrase)
Post by: ryzaadit on May 07, 2021, 01:27:56 PM
Yes because the seed contains all of your wallets!

So, that's why is really important to back up your 24-word seed phrase before this case happens. You can also tested the seed on desktop wallet as well, example like Electrum so when your Ledger LOST/Broken you can using desktop wallet for alternative.


Title: Re: Ledger Wallet (Backup Phrase)
Post by: joeperry on May 07, 2021, 02:32:02 PM
Thank you for all of your answers I appreciate it. Will now lock this thread