Credentials are a set of login information or access rights that verify an individual's identity and allow them to access a particular system or service. This can include a username and password, security tokens, or biometric data such as fingerprints or facial recognition.
In the context of cryptocurrency, credentials may refer to the private keys used to access and control a user's digital assets stored in a wallet. These credentials are critical for security and should be kept confidential and secure at all times. Losing or exposing credentials can result in unauthorized access to a user's assets, leading to financial losses or theft. It is essential to back up and securely store credentials to prevent losing access to one's digital assets.