When it comes to storing your crypto, the type of wallet you use makes a big difference. A custodial wallet means a third party (like an exchange) holds your private keys for you—similar to how a bank holds your money. It’s convenient and easy for beginners but relies heavily on trust in that platform. On the other hand, a non-custodial wallet gives you full control over your crypto and private keys, meaning you alone are responsible for your funds and security.
While custodial wallets may offer simplicity, they carry risks like hacks, frozen accounts, or platform shutdowns. Non-custodial wallets offer more control and privacy, but require more responsibility from the user.
So, which do you prefer and why? Do you value convenience, or is self-custody and security more important to you in 2025? Let’s discuss your experience and favorite wallet choices!
