Self-custody wallets
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.
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