🔐 #CryptoWallets101: Your wallet, your rules.
If you are in the crypto world, you need to understand the difference between storing crypto on an exchange and owning your own wallet.
📌 What is a crypto wallet?
🔹 It is a tool that stores your private keys — that is, the real access to your assets
🔹 It can be custodial (someone holds it for you) or non-custodial (only you have access)
💡 Types of wallets:
1. Custodial (Ex: Binance, centralized exchanges)
✅ Easy to use
✅ Simple recovery
❌ You do not control the private keys
🔐 "Not your keys, not your crypto"
2. Non-Custodial
🔸 Hot Wallets (ex: MetaMask, Trust Wallet)
– Connected to the internet
– Convenient for DeFi, NFTs
🔸 Cold Wallets (ex: Ledger, Trezor)
– Offline
– Maximum security
🔐 Seed phrase:
– It is the master key to your wallet
– Never share. Never save online.
– Write it down on paper and keep it in a safe place
⚠️ Risks and tips:
❌ Phishing scams with fake links
❌ Losing the seed phrase = total loss of access
✅ Check URLs, be suspicious of “support” on Telegram
✅ Use 2FA authentication whenever possible
➡️ True crypto freedom comes with responsibility. Learn to protect what is yours.
