{% hint style="info" %} Before we get into the process of setting up your wallet, go over these basic security principles to make sure that you don't miss any important information and that you don't make any avoidable mistakes. {% endhint %}
- Password and biometrics on Blue Wallet.
- Seed backup recovery codes.
- Wallet passphrases.
- The Seed backup allows you to recover your Bitcoin wallets.
- Your passphrase allows you to unlock the recovered Bitcoin wallets.
{% hint style="danger" %}
Both the seed backup and the passphrase are required to recover a lost wallet. If you lose the seed backup OR the passphrase, you will not be able to recover access to your bitcoin if you lose the BlueWallet app or your mobile device. {% endhint %}
The PIN protects unauthorized access to your BlueWallet, should it fall into the wrong hands.
They will be able to unlock the wallet, but they will not be able to spend funds without your biometrics.
They will not be able to recover your Bitcoin wallets without the passphrase.
{% hint style="danger" %}
If someone has access to both your seed backup your passphrase, they can steal your bitcoins! Do not keep a copy of them in the same place! {% endhint %}