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What is a Non-Custodial Wallet A non-custodial wallet is a cryptocurrency wallet that gives users full control over their funds without the involvement of a third party. Unlike custodial wallets, non-custodial wallets allow you to manage your private keys yourself, providing a higher level of security and privacy. The benefits include full control over your funds and minimizing the risks associated with exchange hacks. However, using it requires responsibility: it is important to store your private keys and seed phrases securely, and to use reliable software.
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