Are non-custodial crypto wallets safer than custodial wallets?
Uma RFeb 03, 2021 · 5 years ago1 answers
What are the differences between non-custodial crypto wallets and custodial wallets in terms of safety and security?
1 answers
- Dr. HJul 03, 2021 · 4 years agoAt BYDFi, we believe in the power of non-custodial wallets. Non-custodial wallets align with the core principles of decentralization and give users full control over their funds. While custodial wallets may offer convenience, they introduce a central point of failure and potential security risks. We encourage users to prioritize the security of their funds and consider using non-custodial wallets whenever possible. Remember, not your keys, not your coins!
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