What is a recovery phrase, explained plainly
A clear reply to "What is a recovery phrase?" starts with what a wallet actually holds. A bitcoin wallet is an app or a small device that keeps the private keys for coins recorded on the bitcoin network; the coins never sit in the wallet itself. For someone about to pay a casino in crypto, the wallet is the first tool to set up. A few decisions taken in its first ten minutes shape everything after: who keeps the keys, which networks it handles, and which device carries it.