- This means that you only need to back up the master seed once, and the whole wallet, including all future transactions, can be recovered from this backup.
- The backup covers all cryptocurrencies secured with the BitBox02, evn the ones you access via third party wallets, like MyEtherwallet or Electrum.
- Very important: Use the microSD card backup only with the BitBox02!
Never connect it anywhere else. Don't put it into a card reader or your computer.
What is a wallet backup?
Modern cryptocurrency wallets calculate all keys from a single secret, the master seed. From that, an unlimited number of currencies, accounts and addresses can be derived.