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Educational Byte: Custodial vs. Non-custodial Crypto Wallets
This story was originally published on HackerNoon at: https://hackernoon.com/educational-byte-custodial-vs-non-custodial-crypto-wallets.
The definition of custodial and non-custodial is about the essential private keys. You need to know this before choosing your crypto wallets.
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Cryptocurrency wallets, custodial and non-custodial, are software or hardware pieces that help you access and manage your coins. It doesn’t really store your funds—your crypto always exists on the distributed ledger. The wallet holds your public and private keys, which are like secret passwords that let you prove ownership and send transactions.
Published on 2 weeks, 5 days ago