Why do I need to write down my recovery phrase?
The BRD app connects directly to the cryptocurrency networks, where your wallets are stored. The "keys" to access your wallets are securely stored in your phone and nowhere else. The BRD app will provide you with a unique "Recovery Phrase," which is a list of 12-words which can be used to recreate the keys to your wallet. If you ever lose or upgrade your phone, this "Recovery Phrase" is required to regain access to your funds.
Please write down each word, in order, on a piece of paper. We recommend storing your Recovery Phrase in a safe, safety deposit box at a bank, or wherever you might keep passports, birth certificates, or other important documents. Anyone who has your Recovery Phrase can access your money, even if they don't have your wallet PIN, so keep it private and don't show it to others!