Custodial and non-custodial crypto wallets allow you to hold and transfer digital assets by connecting to and interacting with a particular blockchain network. For instance, a software wallet like MetaMask can be used to connect and interface with the Ethereum blockchain, whereas Solflare is specifically designed to connect to Solana’s blockchain.
Should you keep crypto in a non-custodial wallet?
Keeping crypto in a non-custodial wallet means you never need to worry about counterparty risks. Note that there are many different types of non-custodial wallets. For instance, there are hot wallets, which are software-backed. This includes mobile apps, browser extensions, and desktop software.
What is the best non-custodial exchange wallet?
Coinbase Wallet – Best non-custodial exchange wallet The Coinbase Wallet doesn't require a Coinbase account to use it but verified account holders can connect directly to Coinbase's exchange to buy crypto. This seamless integration makes it our pick for the best non-custodial exchange wallet.
