Educational Byte: Custodial vs. Non-custodial Crypto Wallets

This story was originally published on HackerNoon at: https://hackernoon.com/educational-byte-custodial-vs-non-custodial-crypto-wallets . The definition of custodial and non-custodial is about the essential private keys. You need to know this before choosing your crypto wallets. Check more stories related to web3 at: https://hackernoon.com/c/web3 . You can also check exclusive content about #crypto-wallet , #non-custodial-wallet , #custodial-vs-non-custodial , #self-custodial-wallets , #private-keys , #obyte , #crypto-exchanges , #good-company , and more. This story was written by: @obyte . Learn more about this writer by checking @obyte's about page, and for more stories, please visit hackernoon.com . Cryptocurrency wallets, custodial and non-custodial, are software or hardware pieces that help you access and manage your coins. It doesn’t really store your funds—your crypto always exists on the distributed ledger. The wallet holds your public and private keys, which are like secret passwords that let you prove ownership and send transactions.