What does Reset wallet do?

It erases the wallet from this phone: every key, the seed phrase, and the account list. It does not touch your funds, which stay on the blockchain at the same addresses.

Afterwards, the only way back to those funds is the seed phrase. So the app makes you tick “I have my seed phrase written down” and type RESET before it goes ahead. Do not reset unless you are certain you have the phrase.

Resetting does not sign you out of your Creta account. It also does not unlink the wallet address shown on your Creta profile.