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Glossary › self-custody

Trading glossary · markets

self-custody

Keeping your crypto coins in your own wallet, so only you control them and only you are responsible for them.

The fuller meaning

Holding crypto in a wallet whose keys you control rather than on a platform. It removes the risk of a platform failing or halting withdrawals, but puts all the responsibility on you: a lost or shared recovery phrase means lost coins.

self-custody.

Related words

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