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<br><br><br>img  width: 750px;  iframe.movie  width: 750px; height: 450px; <br>Safepal wallet extension setup guide features explained<br><br><br><br>Your Safepal Wallet Extension Setup Guide With Key Features Explained<br><br>Install the [https://safepal-extension.cc/blog/backup-strategies.php SafePal Wallet Extension] directly from the official Chrome Web Store or the SafePal website to ensure you get the legitimate software. This step protects your assets from the start by avoiding counterfeit extensions that could compromise your security.<br><br><br>Once added to your browser, the extension will prompt you to create a new wallet or import an existing one. For a new wallet, you will generate and securely write down a 12-word mnemonic seed phrase. This phrase is your master key; store it offline, never digitally, and keep it private. The extension then guides you through confirming this phrase to complete the setup.<br><br><br>The interface presents a clear dashboard showing your total portfolio value across connected networks. You can manage tokens on over 30 blockchains, including Ethereum, BNB Chain, and Polygon, without switching extensions. Adding a new network or custom token is straightforward, requiring just a few clicks in the settings menu.<br><br><br>For transactions, the extension integrates with dApps. When you interact with a site like Uniswap, a clear signing request pops up, detailing the action and gas fee before you approve. This keeps you in control for every swap, stake, or NFT purchase directly from your browser.<br><br><br>Connect a SafePal S1 hardware wallet to the extension for an added security layer. This combination means your private keys remain offline in the hardware device, while the extension handles transaction previews and broadcasts. Your assets gain protection from online threats while maintaining full DeFi accessibility.<br><br>Safepal Wallet Extension Setup Guide & Features Explained<br><br>Install the Safepal Extension directly from the official Chrome Web Store or the official Safepal website to avoid fake copies.<br><br><br>Click "Add to Chrome" and confirm the installation in your browser.<br>Open the extension and select "Create Wallet".<br>Write down the 12-word mnemonic seed phrase on paper. Store this paper securely, never digitally.<br>Confirm your seed phrase by selecting the words in the correct order when prompted.<br>Set a strong password for encrypting your local extension data.<br><br><br>Your wallet is now active. For significant asset storage, pair it with a Safepal Hardware Wallet. This combination keeps private keys offline while using the extension's interface.<br><br><br>The extension's main dashboard shows your total portfolio value across all supported blockchains. You can add custom tokens using their contract addresses.<br><br><br>Multi-Chain Management: A single wallet address works for Ethereum, BNB Chain, Polygon, and over 20 other networks. No need to create separate wallets.<br>Built-In Swap: Exchange tokens directly within the extension. It aggregates rates from multiple decentralized exchanges to find a good price.<br>dApp Browser: Access decentralized applications like Uniswap or PancakeSwap securely. The extension automatically connects and prompts transactions.<br>Transaction Preview: Every transaction displays clear details, including estimated network fees, before you sign. This helps spot malicious requests.<br><br><br>Adjust gas fees manually for Ethereum transactions if you want to speed up or save on a transfer. Use the "Advanced" option before confirming.<br><br><br>Regularly check the "Connected Sites" section in settings. Revoke permissions for any dApps you no longer use to minimize security risks.<br><br><br>Enable the "Wallet Lock" feature with a timer. This automatically locks the extension after a period of inactivity, requiring your password to reopen it.<br><br>Installing the Extension and Creating Your First Wallet<br><br>Open your Chrome, Brave, or Edge browser and visit the official SafePal website. Navigate to the 'Downloads' section and select the browser extension link. Click 'Add to Chrome' or your browser's equivalent–this action directs you to the Chrome Web Store for verification. Confirm the installation by clicking 'Add Extension'; the SafePal icon will appear in your toolbar within seconds.<br><br><br>Click the new SafePal icon to launch the setup. A welcome screen presents two clear options: 'Create Wallet' for a new user or 'Import Wallet' if you have an existing recovery phrase. Choose 'Create Wallet'. The next screen explains the critical responsibility of safeguarding your seed phrase; read it carefully and click 'I Understand'.<br><br><br>Your 12-word mnemonic seed phrase will display. Write each word in its exact order on the provided physical backup card or another durable, offline medium. Never save this phrase digitally, like in a screenshot or text file. After recording, you must correctly re-select the words in a quick verification test. This step confirms your backup is accurate and prevents future access issues.<br><br><br>Following verification, establish a strong wallet password. This password encrypts your extension's local data and is required for transactions; it does not recover your wallet if the seed phrase is lost. Confirm the password and proceed. You will see a success message. Your wallet is now active and displays a primary receiving address, ready to receive assets.<br><br><br>For immediate security, access the extension's settings via the menu icon. Locate the 'Security' tab to set up transaction password confirmation and auto-lock timing. Consider this your first wallet maintenance task. You can now explore the interface to view token lists, connect to Web3 applications, or use the built-in swap feature.<br><br>Connecting to dApps and Managing Your Token Portfolio<br><br>Open your SafePal extension and click the 'Discover' icon to access the integrated dApp browser. This built-in browser is optimized for Web3 interactions and helps protect you from phishing sites.<br><br><br>When you find a dApp, select your preferred network like BNB Chain or Ethereum. Click the 'Connect' button on the dApp's site; a connection request will appear in your extension. Review the permissions carefully, then confirm to link your wallet. You only need to do this once per dApp.<br><br><br>For managing tokens, your portfolio view automatically shows all assets in your connected addresses. To add a custom token not displayed, click 'Add Token', paste the official contract address, and verify the symbol and decimals. This ensures you track even the newest assets accurately.<br><br><br>Use the 'Send' and 'Receive' buttons for transactions. Always double-check the network and address before sending. For receiving, your public address is accessible via a simple click; you can also generate a QR code for easier transfers from mobile wallets.<br><br><br>Monitor transaction history directly in the extension for a clear audit trail. Set up custom alerts for specific tokens by clicking the star icon to favorite them, keeping your most watched assets at the top of your list for quick checks.<br><br>Configuring Security Settings and Performing Transactions<br><br>Activate the "Transaction Simulation" feature in your SafePal extension settings before confirming any transaction. This tool shows you the exact outcome of a swap or transfer, helping you spot malicious requests that drain your wallet.<br><br><br>Set a strong, unique password for your extension access, different from your wallet recovery phrase. This password encrypts your private keys locally on your device, adding a critical layer of protection against unauthorized computer access.<br><br><br>Adjust your transaction speed and cost directly in the confirmation pop-up. For urgent transfers, select "Fast" to pay a higher network fee. When time is flexible, choose "Standard" or "Slow" to significantly reduce your Ethereum or BNB Chain gas costs.<br><br><br>Always verify the receiving address. Double-check the first and last four characters in the address field, and use saved address labels for frequent contacts. Malware can alter a copied address, so a visual confirmation prevents sending funds to a scammer.<br><br><br>Review every transaction detail on the final confirmation screen. Check the token amount, network, recipient, and estimated fee. Your SafePal extension will display a warning for interactions with known risky contracts–never ignore these alerts.<br><br><br>Sign out of the extension when using a shared computer. Simply click your wallet address in the top corner and select "Lock" to immediately require your password again, keeping your assets secure between sessions.<br><br>Q&A:<br>Is the Safepal extension a real wallet or just a connector?<br><br>The Safepal browser extension is a full, self-custody cryptocurrency wallet. It's not just a connector like some other extensions. You create and store your own private keys and seed phrase directly within the extension. This means you have complete control over your assets. The extension can connect to decentralized applications (dApps) on various blockchains, but its core function is secure key management and transaction signing, independent of any specific website.<br><br>I already use the Safepal hardware wallet. Do I need this extension?<br><br>If you own a Safepal S1 or other compatible hardware wallet, the extension significantly improves your experience with dApps. Instead of using WalletConnect on a mobile phone, you can connect your hardware wallet directly to the extension on your desktop. This setup lets you approve dApp transactions by physically confirming them on your hardware device, keeping your keys offline while using dApps on a bigger screen. It's an optional but highly recommended tool for hardware wallet users who interact with DeFi or NFTs on a computer.<br><br>What's the main security difference between the extension and the mobile app?<br><br>Both are non-custodial software wallets, but their security models differ due to the devices they run on. The mobile app operates in a more controlled environment (iOS/Android). The extension operates within your desktop browser, which can be more exposed to malicious browser plugins or phishing websites. A key security feature of the extension is its ability to integrate with a Safepal hardware wallet, moving private key storage completely offline. For the software-only version, the extension relies on your computer's security, so using strong passwords and keeping your system clean is critical.<br><br>Can I use the same wallet account on the mobile app and the extension?<br><br>Yes, you can access the same wallet on both platforms. During the extension setup, you have the option to "Import Wallet" using the secret recovery phrase (12-word mnemonic) from your existing Safepal mobile wallet. This action creates synchronized access to the same blockchain accounts from both devices. Any transaction or action you take on one will reflect in the other, as they are both viewing the same addresses on the public blockchain.<br><br>Which blockchains and tokens does the extension support?<br><br>The Safepal extension supports over 100 blockchains, including major networks like Ethereum, BNB Chain, Polygon, Arbitrum, and Solana. It automatically recognizes thousands of standard tokens on these chains. You can also add custom tokens by entering their contract address. The extension's built-in swap feature and dApp browser work across all these supported networks, letting you trade and interact with applications without leaving the wallet interface.<br><br>I installed the Safepal extension, but the interface seems different from the screenshot in the guide. Did I do something wrong?<br><br>No, you likely didn't make a mistake. Safepal regularly updates its software to add new features and improve security. These updates can change the layout or the location of some buttons. The core setup process remains the same: you either create a new wallet (securely storing your 12-word recovery phrase offline) or connect an existing one by importing the phrase. If you get stuck, always refer to the official Safepal documentation or their support channel, as they will have the most current visual guides. Focus on the function, not the exact pixel placement—look for buttons labeled "Create Wallet," "Import Wallet," or "Connect Hardware Wallet."<br><br>Can the Safepal browser extension work completely on its own, or do I need something else with it?<br><br>The Safepal extension can function as a standalone software wallet for managing cryptocurrencies and interacting with decentralized applications (dApps). In this mode, it generates and stores your private keys. However, a key feature is its ability to connect with Safepal's hardware wallets (like the S1). When connected, the extension becomes an interface, but all transaction signing happens offline on the hardware device. This combination provides significantly stronger security for your assets. So, you can use the extension alone, but pairing it with their hardware wallet is recommended for larger holdings.<br>
Download and Install the Safepal Wallet Extension A Complete Setup Tutorial<br>Get the official Safepal Wallet Extension directly from the Chrome Web Store or Microsoft Edge Add-ons site. This is the only source you should trust for the authentic extension, ensuring you avoid counterfeit software designed to steal your assets. The installation takes less than a minute–simply click "Add to Browser" and confirm the prompt.<br>Once added, locate the new Safepal icon in your browser's toolbar and click it to begin. The extension will ask you to either create a new wallet or import an existing one. If this is your first wallet, selecting "Create" will generate your unique set of 12 or 24 recovery words. Write these down in the exact order on the provided offline paper backup card, never storing them digitally.<br><br>After securing your recovery phrase, you'll confirm it by selecting the words in sequence. The extension then establishes your encrypted local vault, protected by a password you define. This password, different from your recovery phrase, is required for daily access to the extension from that browser.<br><br>Your wallet is now active. For enhanced security and functionality, connect it to the Safepal mobile app using its built-in QR code sync feature. This creates a unified asset view and allows you to use the mobile app as a hardware wallet for approving extension transactions, adding a critical layer of protection against online threats.<br><br>Safepal Wallet Extension Download and Setup Tutorial<br>Install the Safepal Extension only from the official Chrome Web Store. Open your browser and search for "Safepal Wallet". Select the official extension and click "Add to Chrome". Confirm the installation by clicking "Add extension". You will see the Safepal icon appear in your browser's toolbar.<br><br>Click the new icon to launch the extension. A welcome screen gives you two options: "Create Wallet" for a new setup or "Import Wallet" if you already have a recovery phrase. Choose "Create Wallet" to proceed with a fresh installation.<br><br>You will see a prompt to set a strong password. This password protects access to the extension on this specific device. Create a unique combination and confirm it. Agree to the terms after reading them carefully.<br><br>The next screen displays your secret recovery phrase. This 12-word phrase is the master key to your funds. Write each word down in the exact order on paper. Store this paper in multiple secure locations. Never save it digitally or share it with anyone.<br><br>Verify your phrase on the following screen by selecting the words in the correct sequence. This step confirms you recorded the phrase accurately. After verification, your wallet is ready.<br><br>Explore the interface. The main dashboard shows your asset balance. Use the "Receive" button to find your wallet address for funding. The "Swap" function lets you exchange tokens directly within the extension. Visit the "Settings" gear icon to adjust security preferences or connect to hardware wallets.<br><br>For added security, activate the transaction signing feature. This requires manual confirmation for every outgoing transaction, preventing unauthorized transfers. Regularly update the extension when new versions become available in the Chrome Web Store to maintain performance and security.<br><br>Downloading the Official Extension from the Chrome Web Store<br>Open your Chrome browser and go directly to the official Chrome Web Store. In the search bar, type "SafePal Wallet" and press Enter.<br><br>Look for the correct extension with this specific developer information:<br><br>Name: SafePal Wallet<br>Developer: SafePal<br>Ratings: Check for a high number of positive user reviews.<br>Do not install extensions with similar names from unverified developers. Once you confirm it's the right one, click the blue "Add to Chrome" button. A confirmation dialog will appear.<br><br>Click "Add extension" to begin the installation. You will see a small notification in the top-right corner of your browser confirming the process is complete. The SafePal icon will appear next to your address bar.<br><br>Click the puzzle piece icon in Chrome's toolbar to pin the SafePal extension for easy access. Simply find the SafePal icon and click the pin symbol. This keeps the wallet visible whenever you need it.<br><br>Creating a New Wallet or Importing an Existing One<br>Open your SafePal extension and click the "Get Started" button. You will immediately see two clear options: "Create Wallet" and "Import Wallet".<br><br>Choose "Create Wallet" if this is your first time. The system will generate a unique 12-word Secret Recovery Phrase. Write each word down in the exact order presented on a physical piece of paper. Confirm you have saved it by selecting the words in a quick verification step. Never share this phrase digitally–email, screenshots, or cloud notes are unsafe.<br><br>Select "Import Wallet" if you already have a recovery phrase from another wallet. Enter your 12 or 24-word phrase manually, carefully checking for typos. The space between each word is sufficient; avoid adding extra commas or punctuation. This action restores full access to your existing assets and transaction history within the SafePal interface.<br><br>After either process, you must set a strong password specifically for the extension. This password encrypts your wallet data locally on this browser. It is required each time you unlock the extension, adding a daily security layer separate from your recovery phrase.<br><br>Take a moment to test the recovery process. Lock your extension and use your password to unlock it. For a complete check, you could uninstall and reinstall the extension, using your written recovery phrase to restore access. This practice confirms your backup is correct before depositing any funds.<br><br>Connecting the Extension to DApps and Making a Test Transaction<br>Find a DApp you trust, like a decentralized exchange or a test platform such as Goerli Faucet, and open its website in your browser.<br><br>Look for a "Connect Wallet" button on the site, usually in the top corner. Click it and select SafePal from the list of wallet providers. A connection request will pop up in your SafePal extension.<br><br>Review the permissions the DApp is asking for in the pop-up window. Check the address and network details to confirm they are correct, then click "Confirm" to establish the link. You are now connected.<br><br>To make a test transaction, first ensure your wallet has funds on the correct network. For Ethereum, use a Goerli testnet faucet to get free test ETH. Copy your SafePal wallet address from the extension and paste it into the faucet website.<br><br>Once you have test funds, try sending a small amount. In the DApp, initiate a transfer or a swap for a minimal value. The SafePal extension will automatically open a window with the transaction details.<br><br>Examine the gas fee, the recipient address, and the total amount one more time. If everything looks right, click "Confirm" to sign and broadcast the transaction. You can track its status by clicking on the transaction hash, which will take you to a block explorer.<br><br>This practice run helps you understand the flow without risk. Once the test transaction succeeds, you'll feel confident managing real assets through DApps with your SafePal extension.<br><br>FAQ:<br>Where can I safely download the Safepal Chrome extension?<br>The only official and safe source for the Safepal Wallet browser extension is the Chrome Web Store. You can find it by searching for "Safepal Wallet" directly within the store. Avoid downloading installation files from forums, blog links, or third-party websites, as these could be modified to steal your recovery phrase and  [https://safepal-extension.cc/ safepal-extension.cc] funds. Always verify the developer listed in the store is "Safepal" and check the number of users and reviews for added confidence before installing.<br><br>I installed the extension. How do I create a new wallet?<br>Open the extension and click "Create Wallet." You'll see a 12-word mnemonic phrase (recovery phrase). Write these words down in the exact order on the provided paper backup card. Do not save this phrase digitally—no screenshots, emails, or cloud notes. After confirming you've saved it, you'll complete a word puzzle to verify your backup. Then, set a strong, unique wallet password. This password encrypts your extension data locally; losing it means you'll need your 12-word phrase to regain access.<br><br>Can I use my existing Safepal hardware wallet with this extension?<br>Yes, the extension supports connecting your Safepal S1 or S1 Pro hardware wallet. Click "Connect Hardware Wallet" during setup. You'll need your physical device and its USB cable. The extension will guide you through the connection process, which involves confirming the connection on the hardware wallet's screen itself. This method keeps your private keys offline in the hardware device, providing the highest security for approving transactions while using the extension's interface.<br><br>What's the difference between the wallet password and the recovery phrase?<br>These serve completely different purposes. Your wallet password is a local lock for the Safepal extension on your browser. It prevents unauthorized access to the extension interface but does not recover your funds if you forget it. Your 12-word recovery phrase is your master key. It directly generates all your wallet addresses and private keys. Anyone with this phrase has full control over your assets. The password protects access from your computer; the phrase protects your crypto on the blockchain. You must keep both secure, but the recovery phrase is irreplaceable

Latest revision as of 19:39, 12 February 2026

Download and Install the Safepal Wallet Extension A Complete Setup Tutorial
Get the official Safepal Wallet Extension directly from the Chrome Web Store or Microsoft Edge Add-ons site. This is the only source you should trust for the authentic extension, ensuring you avoid counterfeit software designed to steal your assets. The installation takes less than a minute–simply click "Add to Browser" and confirm the prompt.
Once added, locate the new Safepal icon in your browser's toolbar and click it to begin. The extension will ask you to either create a new wallet or import an existing one. If this is your first wallet, selecting "Create" will generate your unique set of 12 or 24 recovery words. Write these down in the exact order on the provided offline paper backup card, never storing them digitally.

After securing your recovery phrase, you'll confirm it by selecting the words in sequence. The extension then establishes your encrypted local vault, protected by a password you define. This password, different from your recovery phrase, is required for daily access to the extension from that browser.

Your wallet is now active. For enhanced security and functionality, connect it to the Safepal mobile app using its built-in QR code sync feature. This creates a unified asset view and allows you to use the mobile app as a hardware wallet for approving extension transactions, adding a critical layer of protection against online threats.

Safepal Wallet Extension Download and Setup Tutorial
Install the Safepal Extension only from the official Chrome Web Store. Open your browser and search for "Safepal Wallet". Select the official extension and click "Add to Chrome". Confirm the installation by clicking "Add extension". You will see the Safepal icon appear in your browser's toolbar.

Click the new icon to launch the extension. A welcome screen gives you two options: "Create Wallet" for a new setup or "Import Wallet" if you already have a recovery phrase. Choose "Create Wallet" to proceed with a fresh installation.

You will see a prompt to set a strong password. This password protects access to the extension on this specific device. Create a unique combination and confirm it. Agree to the terms after reading them carefully.

The next screen displays your secret recovery phrase. This 12-word phrase is the master key to your funds. Write each word down in the exact order on paper. Store this paper in multiple secure locations. Never save it digitally or share it with anyone.

Verify your phrase on the following screen by selecting the words in the correct sequence. This step confirms you recorded the phrase accurately. After verification, your wallet is ready.

Explore the interface. The main dashboard shows your asset balance. Use the "Receive" button to find your wallet address for funding. The "Swap" function lets you exchange tokens directly within the extension. Visit the "Settings" gear icon to adjust security preferences or connect to hardware wallets.

For added security, activate the transaction signing feature. This requires manual confirmation for every outgoing transaction, preventing unauthorized transfers. Regularly update the extension when new versions become available in the Chrome Web Store to maintain performance and security.

Downloading the Official Extension from the Chrome Web Store
Open your Chrome browser and go directly to the official Chrome Web Store. In the search bar, type "SafePal Wallet" and press Enter.

Look for the correct extension with this specific developer information:

Name: SafePal Wallet
Developer: SafePal
Ratings: Check for a high number of positive user reviews.
Do not install extensions with similar names from unverified developers. Once you confirm it's the right one, click the blue "Add to Chrome" button. A confirmation dialog will appear.

Click "Add extension" to begin the installation. You will see a small notification in the top-right corner of your browser confirming the process is complete. The SafePal icon will appear next to your address bar.

Click the puzzle piece icon in Chrome's toolbar to pin the SafePal extension for easy access. Simply find the SafePal icon and click the pin symbol. This keeps the wallet visible whenever you need it.

Creating a New Wallet or Importing an Existing One
Open your SafePal extension and click the "Get Started" button. You will immediately see two clear options: "Create Wallet" and "Import Wallet".

Choose "Create Wallet" if this is your first time. The system will generate a unique 12-word Secret Recovery Phrase. Write each word down in the exact order presented on a physical piece of paper. Confirm you have saved it by selecting the words in a quick verification step. Never share this phrase digitally–email, screenshots, or cloud notes are unsafe.

Select "Import Wallet" if you already have a recovery phrase from another wallet. Enter your 12 or 24-word phrase manually, carefully checking for typos. The space between each word is sufficient; avoid adding extra commas or punctuation. This action restores full access to your existing assets and transaction history within the SafePal interface.

After either process, you must set a strong password specifically for the extension. This password encrypts your wallet data locally on this browser. It is required each time you unlock the extension, adding a daily security layer separate from your recovery phrase.

Take a moment to test the recovery process. Lock your extension and use your password to unlock it. For a complete check, you could uninstall and reinstall the extension, using your written recovery phrase to restore access. This practice confirms your backup is correct before depositing any funds.

Connecting the Extension to DApps and Making a Test Transaction
Find a DApp you trust, like a decentralized exchange or a test platform such as Goerli Faucet, and open its website in your browser.

Look for a "Connect Wallet" button on the site, usually in the top corner. Click it and select SafePal from the list of wallet providers. A connection request will pop up in your SafePal extension.

Review the permissions the DApp is asking for in the pop-up window. Check the address and network details to confirm they are correct, then click "Confirm" to establish the link. You are now connected.

To make a test transaction, first ensure your wallet has funds on the correct network. For Ethereum, use a Goerli testnet faucet to get free test ETH. Copy your SafePal wallet address from the extension and paste it into the faucet website.

Once you have test funds, try sending a small amount. In the DApp, initiate a transfer or a swap for a minimal value. The SafePal extension will automatically open a window with the transaction details.

Examine the gas fee, the recipient address, and the total amount one more time. If everything looks right, click "Confirm" to sign and broadcast the transaction. You can track its status by clicking on the transaction hash, which will take you to a block explorer.

This practice run helps you understand the flow without risk. Once the test transaction succeeds, you'll feel confident managing real assets through DApps with your SafePal extension.

FAQ:
Where can I safely download the Safepal Chrome extension?
The only official and safe source for the Safepal Wallet browser extension is the Chrome Web Store. You can find it by searching for "Safepal Wallet" directly within the store. Avoid downloading installation files from forums, blog links, or third-party websites, as these could be modified to steal your recovery phrase and safepal-extension.cc funds. Always verify the developer listed in the store is "Safepal" and check the number of users and reviews for added confidence before installing.

I installed the extension. How do I create a new wallet?
Open the extension and click "Create Wallet." You'll see a 12-word mnemonic phrase (recovery phrase). Write these words down in the exact order on the provided paper backup card. Do not save this phrase digitally—no screenshots, emails, or cloud notes. After confirming you've saved it, you'll complete a word puzzle to verify your backup. Then, set a strong, unique wallet password. This password encrypts your extension data locally; losing it means you'll need your 12-word phrase to regain access.

Can I use my existing Safepal hardware wallet with this extension?
Yes, the extension supports connecting your Safepal S1 or S1 Pro hardware wallet. Click "Connect Hardware Wallet" during setup. You'll need your physical device and its USB cable. The extension will guide you through the connection process, which involves confirming the connection on the hardware wallet's screen itself. This method keeps your private keys offline in the hardware device, providing the highest security for approving transactions while using the extension's interface.

What's the difference between the wallet password and the recovery phrase?
These serve completely different purposes. Your wallet password is a local lock for the Safepal extension on your browser. It prevents unauthorized access to the extension interface but does not recover your funds if you forget it. Your 12-word recovery phrase is your master key. It directly generates all your wallet addresses and private keys. Anyone with this phrase has full control over your assets. The password protects access from your computer; the phrase protects your crypto on the blockchain. You must keep both secure, but the recovery phrase is irreplaceable

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