Questions tagged [custodial wallet]

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Alessandra Alessandra Mon Sep 16 2024 | 5 answers 1459

Is cash App a custodial wallet?

Excuse me, could you please clarify if Cash App is a custodial wallet? I'm trying to understand the security and control aspects of storing my cryptocurrency assets. Does Cash App hold the private keys for my funds, or do I have full access and control over them? It's essential for me to make an informed decision about where to securely store my digital assets. Thank you for your time and assistance.

Is cash App a custodial wallet?
CryptoVisionaryGuard CryptoVisionaryGuard Mon Sep 16 2024 | 6 answers 1461

What is the primary risk of using a custodial wallet?

Could you please elaborate on the primary risk associated with utilizing a custodial wallet in the realm of cryptocurrency and finance? I'm particularly interested in understanding the potential drawbacks or hazards that an individual or investor may encounter by opting for this type of wallet over non-custodial alternatives.

What is the primary risk of using a custodial wallet?
Stefano Stefano Sun Sep 08 2024 | 7 answers 1469

Does Blackrock bitcoin ETF have a custodial wallet?

Could you please clarify if the Blackrock Bitcoin ETF offers a custodial wallet for storing and securing the underlying bitcoin assets? As an investor, I'm particularly interested in understanding the security measures in place to safeguard my investment and ensure seamless transactions. I'd appreciate any insights or details you can provide on the matter.

Does Blackrock bitcoin ETF have a custodial wallet?
Bianca Bianca Thu Sep 05 2024 | 7 answers 1802

Is Binance a custodial wallet?

Could you please clarify whether Binance operates as a custodial wallet or not? I'm interested in understanding the security measures and ownership of my assets when using this platform. As a cryptocurrency user, it's essential for me to ensure that my funds are safely stored and accessible to me, without the need for third-party intervention. So, does Binance hold my private keys, or do I have full control over them?

Is Binance a custodial wallet?
Moonshadow Moonshadow Thu Sep 05 2024 | 5 answers 1129

Is Kraken a custodial wallet?

I'm curious about the security features of Kraken, specifically whether it operates as a custodial wallet or not. Could you elaborate on how Kraken manages users' digital assets and whether they maintain full control over their funds, or if Kraken acts as an intermediary and holds onto them? Understanding the custodial status of Kraken is crucial for users looking to safeguard their investments and make informed decisions about their crypto storage.

Is Kraken a custodial wallet?

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