Private keys are very important for cryptocurrency users. If a device fails, or gets stolen, with the private key a wallet can be restored on a new device. Private keys are needed to claim new coins in case of a fork.
Get into the amazing cryptocurrency world
Private keys are very important for cryptocurrency users. If a device fails, or gets stolen, with the private key a wallet can be restored on a new device. Private keys are needed to claim new coins in case of a fork.