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Are non-custodial crypto wallets safer than custodial wallets?

Uma RJul 17, 2025 · 3 days ago1 answers

What are the differences between non-custodial crypto wallets and custodial wallets in terms of safety and security?

1 answers

  • Dr. HJul 23, 2020 · 5 years ago
    At 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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