Understanding Crypto Wallets In 2025
In the same way, traditional fiat currency banks operate differing kinds of banking styles and options available to their customers, crypto wallets offer different styles of wallets available to their users to fit their preferences.1. Custodial Wallets vs Non-custodial WalletsThe main difference in the style of crypto wallets is the difference between custodial and non-custodial options. Custodial wallets are more beginner-friendly and perhaps a better place to start for novices to crypto. Custodial wallets, importantly, are managed by 3rd-parties who hold the private keys for you. This is often fintech...