Non-Custodial Wallet

A non-custodial wallet, also known as a self-custody wallet, is a type of cryptocurrency wallet where the user holds and controls their own private keys. This means that the user is solely responsible for managing and securing their own private keys, and they have full control over their funds.

With a non-custodial wallet, the user generates their own private keys and stores them on their own device, such as a computer or a mobile phone, or on a hardware wallet. The user can access their funds by using their private keys, and they can perform transactions, such as buying, selling, or sending cryptocurrency, by signing transactions with their private keys.

Non-custodial wallets offer a higher level of security for users as they don't have to entrust their private keys to a third party. However, it also poses a responsibility on the user to keep their private keys safe and secure, and users should be aware of the potential risks of losing access to their funds if their private keys are lost, stolen, or compromised