Self-Custody Wallets 101 & How to Secure Your Crypto [2023]
Par un écrivain mystérieux
Last updated 05 juillet 2024
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Learn what a self-custody wallet is and how to make the move to self-custodying your funds. Visit BitPay to see how easy it is to create a self-custody wallet for free.
Summary When a crypto user takes sole possession of their wallet’s private keys instead of trusting them to an exchange, they are self-custodying their assets. Security conscious crypto users typically prefer self-custodying because they can maintain total control over their funds, requiring no third-party involvement. Self-custodying requires a bit of technical know-how and trust in yourself, as you’ll be your own banker as well as head of security. The process of self-custodying your crypto
Summary When a crypto user takes sole possession of their wallet’s private keys instead of trusting them to an exchange, they are self-custodying their assets. Security conscious crypto users typically prefer self-custodying because they can maintain total control over their funds, requiring no third-party involvement. Self-custodying requires a bit of technical know-how and trust in yourself, as you’ll be your own banker as well as head of security. The process of self-custodying your crypto
![Self-Custody Wallets 101 & How to Secure Your Crypto [2023]](https://www.zenledger.io/wp-content/uploads/2023/07/best-bitcoin-wallet-of-2023-Re-writing-topic.jpg)
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