# Keep your Recovery Phrase and Private Key safe!

When creating the wallet, you are reminded to make a backup, and it will only be stored on your device. 

![](https://2634619309-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F3qtItoZih7cEdFc6kPNk%2Fuploads%2FNwmwyjIcXZ3UJZ73WOI7%2F%E9%A3%8E%E9%99%A9cn%202.png?alt=media\&token=9f8cb137-46cd-40c5-8b17-9f6fa293848f)

<mark style="color:red;">**The secret recovery phrase and private key are the only proof to restore the wallet and control the assets. If you share your private key or secret recovery phrase with a third party, they can control and transfer your assets without your permission!**</mark>&#x20;

So, private key and secret recovery phrase are very important! By the way, you need to back up your private key and secret recovery phrase and store them in a safe place, cause you can only get your assets back by one of them!