Recovery phrase and keys
Wallet keys
Your keys encode the private information in your wallet and are what allow you to spend coins and see incoming transactions. You may also use a wallet's keys to restore the wallet.
General terms specific to public-key cryptography where a private key and a public key make up a keypair. A public key is derived from the private key.
The public key is safe to share, and gives the recipient the ability to encrypt something or verify a signature.
The private key gives the owner the ability to sign or decrypt something, and as such, should be kept private.
Wallet recovery phrase
Your recovery phrase (also called a seed phrase) is just a version of your private key written in a way that’s easier for you to write down. Your recovery phrase and keys are actually the same things, just in different forms! You can use a wallet's recovery phrase to restore your wallet too.
Viewing your wallet's recovery phrase and keys
Tap the gear icon at the top right of the home screen to open Settings. Then, under Wallet settings, tap Recovery & Keys.
Cake Wallet warns you that secret information is about to be shown. Tap Show my Recovery Phrase & Keys, then authenticate with your PIN, biometrics, or password.
On the next screen you will see your wallet's recovery phrase and keys, split across tabs — Recovery Phrase, Keys, and a per-currency third tab such as Silent Payments (Bitcoin) or Legacy (Monero). Cake Wallet has 1 set of these per wallet, so you must save them all individually.
DO NOT show your recovery phrase or keys to anyone. Your funds will likely be stolen if you give out either.
Please write down your recovery phrase and keys and store them in a safe place. This will allow you to restore your wallet if you lose your device, or otherwise cannot access the wallet.
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