When one signs up on Reckless Capital they are provided with a password to use. The purpose of this password is twofold.
The provided password is what's referred to as a
seed phrase. The password is interchangeable with a seed phrase and can be pasted into compatible Bitcoin
clients. Importing will allow you to access funds in the event the Reckless Capital closes unexpectedly or is compromised.
Reckless Capital never receives your seed phrase, and will be unable to recover it in the event it's lost.