What Is a Crypto Wallet? Seed Phrases Explained Simply

Your wallet holds your keys. Your seed phrase is the master key.

What a wallet does

A wallet (like Phantom, Solflare or Backpack) is an app that holds the keys to your crypto. The coins themselves live on the blockchain; the wallet proves they're yours and lets you approve trades.

Your seed phrase

When you set up a wallet you get 12 or 24 words. That is the master key. Anyone with those words can take everything.

Write it on paper. Never screenshot it or type it into a website.
Nobody legit will ever ask for it: not Craic Hub, not support, not an admin in a DM.

Connecting to Craic Hub

Tapping Connect wallet only lets the site see your public address and balance. Every trade opens a pop-up in your wallet and nothing moves unless you approve it.

Getting started

Install Phantom from phantom.com (check the address), create a wallet, save your seed phrase on paper, then add a little SOL.

Keep learning

🪙 What Is CryptoMoney that lives on the internet, with no bank in the middle.👛 What Is a Crypto WalletYour wallet holds your keys. Your seed phrase is the master key.⚡ What Is SolanaThe blockchain Craic Hub runs on.🔁 How to Swap CryptoConnect, pick, review, confirm. You always sign.🛡 Crypto SafetyThe red flags, and how our safety check reads them for you.🎯 What Is a Limit OrderSet the price you want and let it fill if it gets there.🤖 Auto Trade ExplainedLet orders run while you're away, still non-custodial.

Open the swap with Beginner mode Glossary

Not financial advice. Crypto is risky and you can lose everything you put in. Do your own research. Craic Hub is non-custodial: you trade from your own wallet and nobody here will ever ask for your seed phrase. Fees paid in $CRAIC are burned.