Choosing between custodial and non-custodial wallets is crucial for the security of your digital assets.
Custodial wallets are managed by third parties, such as exchanges, which means they hold your private keys on your behalf. This provides ease of use and backup options, but it requires you to trust their level of security.
Non-custodial wallets, on the other hand, give you full control over your private keys, which enhances your independence, but makes you solely responsible for protecting access to your funds.
If you prefer convenience and support, custodial wallets may be the best choice for you.
If privacy and full control are your priorities, non-custodial wallets are the optimal path.
