🔒Adding a passphrase to your Cold Card Mark IV generates a new and unique Bitcoin wallet.
💡The passphrase is not stored in your Cold Card and must be loaded every time you want to spend Bitcoin.
📝Write down your passphrase correctly and keep it safe to ensure access to your Bitcoin.
🔑Passphrases can be composed of random letters, words, or numbers according to your chosen standard.
💼Export your wallet with the passphrase to a compatible wallet software to continue managing your Bitcoin.
What happens if I forget my passphrase?
—If you forget your passphrase, you will not be able to access the Bitcoin in your wallet. It is crucial to write down your passphrase correctly and keep it in a safe place.
How many characters can my passphrase have?
—You can have a passphrase with a maximum of 100 characters, using all ASCII characters.
Can I use special characters in my passphrase?
—Yes, you can use special characters in your passphrase as long as they are within the bounds of the ASCII character set.
Can I change my passphrase?
—Yes, you can change your passphrase at any time by following the instructions provided in the video.
Can I have multiple passphrases for different wallets?
—Yes, you can have multiple passphrases, each generating a separate and unique Bitcoin wallet.
00:00Explanation of how passphrases work and their importance in securing your Bitcoin.
01:01Demonstration of how to add a passphrase to your Cold Card Mark IV using BIP39 word list.
02:27Exporting your wallet with the passphrase to a compatible software like Sparrow for further management and transactions.
04:18Explanation of how to send Bitcoin from a Cold Card wallet with a passphrase using Sparrow wallet.
