A self-custody wallet puts you in control of your crypto. While non-custodial wallets provide the software necessary to store your crypto, you have to remember and keep your password, known as a "private key" or "seed phrase". If you lose it, you can't access your crypto.

How to set up a non-custodial wallet:

• Download a wallet app.
• Create your account. You don't have to share any personal info to create a non-custodial wallet.
• Ensure to write down your private 12-word phrase key.
• Transfer crypto to your wallet. You won't always be able to use traditional currencies with this wallet.

This wallet is a physical device that stores the private keys to your crypto offline. Hardware wallets are more complex and expensive but have some added benefits, such as keeping your crypto secure even if your computer is hacked.

How to set up a hardware wallet:

• Buy the hardware. Ledger and Trezor are well-known brands.
• Install the software. Each brand has its own software that you should download from the official company website.
• Transfer crypto to your wallet. This wallet doesn't allow you to buy crypto using traditional currencies (US dollar or Euros),