You retain complete control over the assets in your wallet.The security benefits of using a non-custodial wallet include: On the other hand, non-custodial wallets give you complete control of your private keys-shifting the responsibility of securing your crypto from a CEX to yourself. How non-custodial crypto wallets work: advantages and risks You must trust that a CEX won’t go bankrupt, or otherwise lose or misuse your assets.You need to trust a custodian (usually a CEX) to secure and manage your private keys.The security disadvantages of using a custodial wallet include: CEXs may offer some bank-style protections and-occasionally-some form of insurance. ![]()
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