Non-Custodial

Short Description:

A non-custodial wallet is a wallet in which you are responsible for storing and managing your private keys.


Main Description:

A non-custodial wallet is a cryptocurrency wallet where the user has full control over their private keys and funds. Non-custodial wallets are typically cold-storage, offline wallets which give users greater control over their assets and privacy. However, it is entirely up to the user to safeguard their keys.

The downside of non-custodial wallets is also their upside – funds are safely stored offline in cold storage, making everyday use more clunky as users have to transfer currency into a custodial or hot wallet in order to make purchases.