What is a non-custodial Crypto Wallet?

A non-custodial crypto wallet is a wallet where only the holder possesses and controls the private keys. For users who want full control over their funds, non-custodial wallets are the best option. Since there are no intermediaries, you can trade crypto directly from your wallets.

What is a custodial cryptocurrency business?

Custodial cryptocurrency businesses are the ones that are in possession of their customers’ funds for the duration of the use of their services. What Is Custodial?

What is the difference between a custodial and a non-custodian wallet?

Our guide to custodial vs non-custodial wallets can help. For a custodial wallet, a third party takes custody of the private key instead of the crypto owner. For a non-custodial wallet, the crypto owner holds their own private key and, therefore, their funds.

Is a non-custodial exchange better than a crypto exchange?

The responsibility for holding onto your crypto is squarely your own, meaning there’s no customer support to help you if you lose control over your coins. On the other hand, for some the responsibility and sole ownership of your crypto keys is an advantage of non-custodial exchange.