Non-custodial wallets are digital wallets that give users complete control over their assets. Unlike
custodial wallets, which are managed by third-party services, non-custodial wallets store users’ private keys locally on their devices. This means that users have complete control over their assets and can access them at any time without relying on intermediaries.
Security: Non-custodial wallets provide a higher level of security compared to custodial wallets, as users have complete control over their assets. This reduces the risk of hacks, theft, or loss of funds.
Transparency: DeFi applications are built on top of blockchain technology, which provides a high degree of transparency. This means that transactions are publicly visible, and users can verify the integrity of
Innovation: DeFi is a rapidly evolving industry that is driving innovation in the financial sector. Non-
custodial wallets are an important part of this innovation, as they enable users to access new financial services and applications.
Decentralized finance and non-custodial wallets are the future of finance. They provide greater accessibility, security, transparency, cost-effectiveness, and innovation compared to traditional financial services. As the DeFi industry continues to grow, we can expect to see more innovative solutions and applications that will transform the financial sector as we know it.