Custodial and non-custodial exchanges are two different types of platforms for cryptocurrency transactions. Let’s understand their differences in this article. A lot of newbie crypto investors start their investment journey with crypto exchanges such as Coinbase, which is a custodial exchange.
Are non-custodial exchanges worth it?
Unfortunately, non-custodial exchanges are often more of a one-trick pony, providing users with the ability to buy and swap crypto, and that’s about it. Now that we have covered some of the pros and cons let’s dive into the top five non-custodial exchanges.
What is a non custodial account?
What Is Non-Custodial? Non-custodial refers to a service in which the funds or assets aren’t custodied or possessed by a platform or third-party, at any point during a transaction or service period.
What is the difference between custodial and non-custodian trading options?
One of these is the difference between custodial and non-custodial trading options. The differences between these two types of platforms can make all of the difference in how you work with your digital assets over time. A custodial trading arrangement is where you send your assets to a particular exchange, and they get held there for the duration.
