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Security

Self-custody

What self-custody means in Phoenix Wallet and what responsibility it carries.

Phoenix is designed around self-custody. Your private keys and recovery information stay under your control on your own computer, and no account or custodian stands between you and your bitcoin.

What that means in practice

  • You hold the only backup of your wallet: the recovery phrase.
  • No one can freeze, reverse or recover your funds on your behalf.
  • Keeping your computer and your backup safe is part of keeping your bitcoin safe.