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
Blockchain
A shared record of transactions maintained by many independent computers, where each block of…
Exchange
A venue for trading assets. A centralised exchange holds customer funds and matches orders…
Staking
Committing tokens to help secure a proof-of-stake network, earning newly issued tokens and fees…
Wallet
Software or hardware that stores the private keys controlling crypto assets. Hot wallets are…
Audit
A review of a smart contract's code by a specialist firm, looking for vulnerabilities…
Whale
A holder large enough that their transactions can move a market on their own.