Join Our 1,000,000+ Community
Custodial Wallet - With a custodial wallet, another party controls your private keys. In other words, you’re trusting a third party to secure your funds and return them if you want to trade or send them somewhere else. While a custodial wallet lessens personal responsibility, it requires trust in the custodian that holds your funds, which is usually a cryptocurrency exchange.
Examples of Custodial Wallets: Wyre, Coinbase, Binance, Bittrex, etc
Self-Custody Wallet - Non-custodial crypto wallets give you complete control of your keys and therefore your funds. While some people store large amounts of crypto on exchange accounts, many feel more comfortable with a non-custodial wallet, which eliminates a third party between you and your crypto.
Examples of Self-Custody Wallets: Ember, Metamask, Ledger, Trezor
Thank you for reading!
Don't forget to come into the app tomorrow to continue learning about crypto!
April 12, 2024
To celebrate all-time highs on Bitcoin, we're giving out 1.5 MILLION Sats to the community! 🎉
April 10, 2024
It's time for the March 2024 Recap Newsletter! Here are the product highlights and milestones from the past month.
April 09, 2024
We're thrilled to announce the Ember community's mining & reward stats for the month of March!