Custodial vs Non-Custodial Wallets: Which is Better?

Custodial wallets offer convenience but require trusting a third party with private keys. Non-custodial wallets provide greater security and independence. When using custodialwallets you intrust your private keys to a third-party company, while with non-custodial wallets your private keys are available only to you.

The choice depends on priorities, with custodial wallets being preferable for convenience and user experience, and non-custodial wallets being better for security and independence.

We recommend using non-castodial wallets, because you’ll have more control over yourfinances.