Self-Custody
Holding your own keys rather than leaving assets with an exchange or custodian.
Also called non-custodial · not your keys
Holding your own keys rather than leaving assets with an exchange or custodian.
Why it matters
It removes the risk of the custodian failing and replaces it with sole responsibility for your own security.
Related terms
Keep reading
Node
A computer that keeps a copy of a blockchain and checks new transactions against…
Smart Contract
A program stored on a blockchain that runs automatically when its conditions are met,…
Layer 2
A network built on top of a base blockchain that processes transactions separately and…
Wallet
Software or hardware that stores the private keys controlling crypto assets. Hot wallets are…
Private Key
The secret number that authorises transactions from an address. Possession of the key is…
Staking
Committing tokens to help secure a proof-of-stake network, earning newly issued tokens and fees…