Question

What is a non-custodial wallet?

Answer 1

A non-custodial wallet is a type of cryptocurrency wallet where the user has full control and ownership of their private keys and funds. This means that the user is responsible for the security of their wallet and there is no third party involved in holding or managing their funds. Non-custodial wallets provide users with increased privacy and security compared to custodial wallets.

Answer 2

A non-custodial wallet is a type of cryptocurrency wallet where the user has full control of their private keys and funds, as opposed to a custodial wallet where a third party holds and manages the user's funds on their behalf. Non-custodial wallets are considered more secure as the user is responsible for managing their own funds and private keys.