A 12-word recovery phrase (sometimes called a ‘private key’ or ‘mnemonic phrase’) is a piece of code that lets a person access cryptocurrency or digital currencies that they own.
In the Pigzbe app, your 12-word recovery phrase is the list of 12 words you were given to write down in a specific order when you created your account. It helps to protect users from theft and unauthorized access to your Wollo.
Important: You are responsible for the security of your wallet/assets. Pigzbe will not be able to access accounts, recover wallets/funds, nor reverse transactions if you lose your 12 word recovery phrase.