January 11, 2025 - EPIQ Trading Floor

A non-custodial wallet is a wallet where you have complete control over your private keys and, consequently, your funds. These wallets are not tied to any third-party service, providing greater security and independence. Advantages of Non-Custodial Wallets: Full Control: You retain ownership of your private keys and funds, ensuring complete autonomy. Enhanced Security: Non-custodial wallets are less vulnerable to centralized hacks. Privacy: They don’t require KYC (Know Your Customer) verification, providing greater anonymity. Risks of Non-Custodial Wallets: Responsibility: Losing your private key or recovery phrase means permanent loss of access to your funds. Complexity: Non-custodial wallets can be more challenging for beginners to set up and use.

What Is a Non-Custodial Wallet?

A non-custodial wallet is a wallet where you have complete control over your private keys and, consequently, your funds. These wallets are not tied to…

EQ.Trades January 11, 2025