The seed is generated using entropy from both the device itself and the computer used for setup. Like the other backups, be sure to write it down and store it in a safe place. Also, what we said above goes for ALL exchanges. This guide will help you to find the best Bitcoin wallet or cryptocurrency wallet for YOU! Also for the citizens of some countries like Argentina , Venezuela , Zimbabwe , and Greece , the idea of having a currency that increases their purchasing power is unique and exciting.