How and where your crypto is stored
Have you ever wondered how and where your cryptocurrency is kept? Token holders can utilise a variety of crypto wallets to keep their cryptocurrency. However, they can be divided into two categories: custodial and non-custodial wallets.
A custodial wallet, such as Binance, Coinbase, is a service that maintains your funds in custody and owns the private key to your wallet. Your account is a custodial wallet as well. When you utilise a non-custodial wallet, on the other hand, you have complete control over your assets. Non-custodial wallets include Ledger, Trezor, MetaMask.