FAQs for Custodying Your Crypto

What is a self-custody wallet?

A self-custody wallet, or a non-custodial wallet, is a cryptocurrency wallet that stores the user’s private key. It gives you complete control over...Read more

What is the best way to self-custody Bitcoin?

The best way to self-custody Bitcoin is to use a software wallet like tastycrypto. For better security, you can use a cold wallet.Read more

Why should I use a non-custodial wallet?

Non-custodial wallets offer unique benefits, such as full control over the crypto funds, security, privacy, and access to DeFi.Read more

What are the best self-custody crypto wallets?

tastycrypto is a great start for beginners. It focuses on Ethereum assets, but it can store Bitcoin as well. Other hot wallets are MetaMask, Trust...Read more

How do I create a self-custody crypto wallet?

Creating a self-custody crypto wallet is a simple process. This is because the extensive KYC (know your customer) paperwork is not required to inte...Read more

Can self-custody wallets be hacked?

Absolutely. In order to mitigate hacking risks, it is important to have both a clean web browser and clean computer. Additionally, it is wise to on...Read more

What wallet should I use for crypto?

If you plan on only holding crypto, a paper or hardware wallet is the best option for you. If you plan on interacting with Web3 protocols frequentl...Read more

What are the benefits of self-custody in crypto?

In crypto, self-custody wallets offer many benefits, such as enhanced security, access to decentralized applications (dApps), privacy and transpare...Read more

How do I create a self-custody crypto wallet?

You can create a self-custody wallet by simply downloading one from a provider, such as tastycrypto. After you have downloaded the wallet, you will...Read more

Is Coinbase wallet a self-custody wallet?

Coinbase offers both a custodial and self-custody Web3 decentralized wallet.Read more

Can self-custody wallets be hacked?

Yes, self-custody crypto wallets can be hacked. Hot wallets (or self-custody wallets connected to the internet) are at the highest risk of being ha...Read more

Is MetaMask a self-custody wallet?

Yes, MetaMask is a self-custody cryptocurrency wallet. MetaMask is considered a ‘hot’ wallet as it is constantly connected to the internet.Read more

What is the safest crypto custody?

The safest crypto custody is cold wallets. Cold wallets (like a USB drive) are not connected to the internet and therefore have far less risk than...Read more

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