Key To Crypto Control: Traditional Vs Self-Custody Wallets

Cryptocurrency is digital money that uses blockchain technology to secure and record transactions. In this article, we will explain the critical differences between traditional and self-custody wallets, the advantages and disadvantages of each, and help you understand the concept of "not your keys, not your coins." The main difference between traditional and self-custody wallets is who is responsible for keeping the crypto safe. In summary, traditional wallets and self-custody wallets differ in who is responsible for keeping the crypto coins safe. Self-custody wallets are considered more secure but require more technical knowledge to use, while traditional wallets are considered to be more convenient to use but less secure.