A recovery phrase is a series of words used to restore access to a cryptocurrency wallet. It typically consists of 12 to 24 words, generated when you create a new wallet. This phrase acts as a backup for your wallet, allowing you to regain control of your funds if you lose your device or forget your password.This phrase must be kept secret and secure, as anyone who has it can access your wallet and funds. Writing it down on paper and storing it in a safe place is often recommended. If you ever need to recover your wallet, you can enter the recovery phrase into a compatible wallet application. The software will use these words to reconstruct your wallet and grant access to your existing funds and transaction history. Losing your recovery phrase can result in permanent loss of access to your cryptocurrencies, making it one of the most critical pieces of information for any user.