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Is not having a wallet's seed phrase a potential problem?

Etherum Reddit

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I have an Ethereum wallet that I can access using the MyCrypto desktop app both via a keystore file and a private key, but I don't have the seed phrase for it (not sure if I ever did - it's quite an old wallet).

Given the MyCrypto app seems end-of-life (last updated 4 years ago), I thought I'd look for a more modern desktop wallet app, but I struggled. MyEtherWallet isn't available in the UK (and it must call out to their website because downloading it from GitHub doesn't work either). Coin Wallet (coin.space) doesn't seem to support opening a wallet via a private key or keystore file, only a seed phrase, which I don't have.

Is it a risk having a wallet without a seed phrase going forward? If so, is there any way to remedy this other than creating a new wallet and sending the funds to it using the MyCrypto app while it still works?

submitted by /u/DragonQ0105
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