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Wallets and Self-Custody
A wallet holds your private keys. Self-custody means you control them directly.
TLDR
- Custodial wallets are easier but rely on a third party.
- Self-custody gives you full control and responsibility.
- Back up your seed phrase offline and never share it.
- Use hardware wallets for long-term holdings.
Custodial vs self-custody
Custodial wallets are like bank accounts. Self-custody means you are the bank, so security matters.
Security basics
Use two-factor authentication, verify addresses, and keep a secure offline backup of your seed phrase.
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