Part 6/10:
Type in your chosen passphrase—can include letters, numbers, symbols.
Confirm to create a new hot wallet derived from your seed.
How It Works:
This new wallet won’t appear unless the correct passphrase is entered, making your funds hidden from anyone who locates your seed phrase or gains physical access to your device.
Practical Example:
Use a passphrase like "Bitcoin2024!" to generate a distinct wallet.
Store the passphrase securely—preferably separate.
Use Sparrow or Blue Wallet to access the derived wallet remotely or via QR code.
Tip: Combining passphrases with seed phrases is the most secure approach, especially if you suspect targeted attacks.