Self-Custody Wallet: Taking Control of Your Crypto Assets
A self-custody wallet, also known as a non-custodial wallet, is a digital wallet that allows users to have full control over their cryptocurrency. Unlike custodial wallets, where a third party, such as an exchange, holds the private keys on your behalf, self-custody wallets give you complete ownership and responsibility for your private keys. This means you are the sole authority over your funds, ensuring no intermediary can access, freeze, or restrict your assets.