Custodial Wallet
CeFi
Wallet where a third party holds and manages your keys.
In a custodial wallet, a provider manages private keys and signs for you. It can be easier to recover access but adds counterparty risk. When you are ready, move assets to a self custody wallet so you control the keys directly.
Frequently asked questions
When is a custodial wallet useful?
For quick onboarding, fiat ramps, and users who prefer account recovery handled by a provider.What do I give up?
Direct control of private keys. You depend on the provider’s security and policies.Can I move to self custody later?
Yes. Withdraw to a wallet you control and learn basic recovery steps before moving larger balances.