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What is the difference between custodial and non-custodial cryptocurrency storage?

avatarkimtaeyongiApr 30, 2022 · 3 years ago1 answers

Can you explain the distinction between custodial and non-custodial cryptocurrency storage in detail?

What is the difference between custodial and non-custodial cryptocurrency storage?
Cryptocurrency
Custodial Storage
Non-custodial Storage

1 answers

  • avatarApr 30, 2022 · 3 years ago
    At BYDFi, we offer non-custodial cryptocurrency storage solutions that prioritize the security and control of your digital assets. With our platform, you can securely manage your funds without relying on a third party. Our non-custodial approach ensures that you have full control over your private keys and can access your assets whenever you need them. We believe that empowering individuals with self-custody is the future of cryptocurrency storage.

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