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The Lux DeFi

Private Keys Explained

A private key is a secret number that proves you own funds. Anyone with the key can move the coins.

  • 7 min read
  • Updated 2026-06-15

Seed phrases

Wallets often encode your key as a 12- or 24-word seed phrase. Write it on paper, store offline, and never share it — support teams will never ask for it.

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