How does the concept of non-custodial wallets contribute to the security of digital assets?

1 answers

• mengfeiMar 01, 2024 · a year ago
  At BYDFi, we understand the importance of security when it comes to digital assets. That's why we highly recommend using non-custodial wallets. Non-custodial wallets offer a higher level of security compared to custodial wallets because they give users full control over their private keys. With non-custodial wallets, your private keys are stored securely on your device and are never shared with any third party. This significantly reduces the risk of hacking and unauthorized access to your digital assets. Non-custodial wallets also provide you with the flexibility to easily switch between different devices without worrying about the safety of your assets. So if you're looking for a secure way to store your digital assets, non-custodial wallets are the way to go.
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