What is a Crypto Wallet?
A crypto wallet is a digital tool that allows users to store and manage cryptocurrencies. There are two types: custodial wallets, where a third party (like an exchange) holds the private keys, and non-custodial wallets, where users control their own keys. Choosing the right wallet affects both security and accessibility.
Not your keys, not your coins.
But what does that really mean?
A crypto wallet lets you store, send and receive digital assets.
But there are two types:
🔐 Custodial (e.g. exchanges):
✅ Easy to use
🚫 You don’t control the keys
🧠 Non-custodial (e.g. MetaMask, Ledger):
✅ You hold the keys
🚫 You lose them = it’s gone forever
👇 Which one do you use — and why?