Hold Crypto & Get Paid It's As Simple As It Gets?

Published on 06-07-2023 07:06:04 PM by Matthew Feast

If you're holding Crypto...

There are several reasons why you should consider using a self-custody wallet. Here are three:

Security: With a self-custody wallet, you are the only one with access to your private keys.

This means that you have full control over your coins and can keep them safe from potential hacks or thefts. Custodial wallets, on the other hand, rely on a third party to secure your coins, which can make them vulnerable to security breaches.

Privacy: Self-custody wallets offer a higher level of privacy since they do not require you to reveal your personal information or identity to anyone. This means that your transactions are more anonymous and cannot be traced back to you as easily as they can with custodial wallets.

Decentralization: Self-custody wallets are a key component of the decentralized nature of cryptocurrency. By using a self-custody wallet, you are helping to support the decentralization of the network by taking control of your own assets and not relying on a centralized third party.

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Matt Feast

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