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• Self-Custody Wallets 101 & How to Secure Your Crypto [2023]

Self-Custody Wallets 101 & How to Secure Your Crypto [2023]

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Learn what a self-custody wallet is and how to make the move to self-custodying your funds. Visit BitPay to see how easy it is to create a self-custody wallet for free.
Summary When a crypto user takes sole possession of their wallet’s private keys instead of trusting them to an exchange, they are self-custodying their assets. Security conscious crypto users typically prefer self-custodying because they can maintain total control over their funds, requiring no third-party involvement. Self-custodying requires a bit of technical know-how and trust in yourself, as you’ll be your own banker as well as head of security. The process of self-custodying your crypto

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