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0xCholy 0xCholy @zeroxcholy · 89.5K subscribers
Post #9 539K
Wallets

– First of all, you need a place to store your money.
Just like in our everyday life it is called a wallet.

There are two types of wallets.

1. Non-custodial. The one that you have full control over. Only you have the private key to that wallet. E.g. TONKeeper, Metamask etc.

2. Custodial. In this case someone else is in full control of your funds. This is your Binance, Coinbase, Telegram wallet, which is very fast and very easy to use, however it’s still custodial.

There is no sin in using custodial wallets. Probably for everyday life one might find them more practical. But refrain from keeping all your savings there. Create a non-custodial wallet for assets you want to keep long term.

Remember: Not Your Keys, Not Your Coins
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