Web3 Wallets: Custodial vs Non-Custodial, and How to Stay Safe
Your keys, your coins. The difference between wallet types and the security habits that actually matter.
A custodial wallet (often an exchange) holds your keys for you — convenient, but you trust a third party. A non-custodial wallet puts you in sole control via a seed phrase, with no recovery if it is lost.
Good security is mostly habits: never share or photograph your seed phrase, use a hardware wallet for meaningful sums, verify every transaction you sign, and bookmark official sites to dodge phishing. The most common losses are not exotic hacks — they are leaked seed phrases and approved malicious contracts.
This article is for information only and is not financial advice. Always do your own research before investing in crypto assets.
Written by
Aisha Chen
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